Section 51A-4-13 - Borrowing money by bank--Pledge of assets. - South Dakota Statutes

51A-4-13. Borrowing money by bank--Pledge of assets. A bank may borrow money and pledge assets for terms, and upon conditions, established by the Banking Commission in rules promulgated pursuant to chapter 1-26.

Source: SDC 1939, § 6.0423; SDCL, § 51-6-14; SL 1969, ch 11, § 4.9; SL 1981, ch 346, § 31; SDCL, § 51A-4-13; SL 1999, ch 236, § 1.