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Statutes > South Dakota Laws > Title 51A - BANKS AND BANKING > Chapter 05 - Trust Business Of Banks > Section 51A-5-30 - Trust service office--Business allowed.

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SOUTH DAKOTA STATUTES AND CODES

Section 51A-5-30 - Trust service office--Business allowed.

51A-5-30. Trust service office--Business allowed. Upon establishment of a trust service office, the bank or trust company may conduct at the trust service office any trust business and business incidental thereto which it is permitted to conduct at its principal office, but may not accept deposits except as incidental to the trust business.

Source: SL 1984, ch 314, § 3; SDCL, § 51-19-15; SL 1995, ch 268, § 78; SL 1997, ch 272, § 16.

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