South Dakota Administrative Code

Rule 20:07:03:23 Loans made with the assistance of third parties. 20:07:03:23. Loans made with the assistance of third parties. If a third party is not the vendor of property that ultimately will be collateral for a particular loan, a bank may make the loan with the assistance of…

Rule 20:07:03:24 Investment in federal home loan bank. 20:07:03:24. Investment in federal home loan bank. A bank may purchase stock in a federal home loan bank and may borrow money from such a bank. Source: 21 SDR 111, effective December 22, 1994. General Authority:SDCL 51A-2-13.…

Rule 20:07:03:25 Time limit allowed on overdrafts. 20:07:03:25. Time limit allowed on overdrafts. An overdraft may not be held as an asset by a bank for more than 60 consecutive days unless the overdraft is in the process of collection. Source: 24 SDR 90, effective January 4, 199…

Rule 20:07:03:26 Bank borrowings. 20:07:03:26. Bank borrowings. A bank may borrow money and pledge assets as security to meet demand for loans or withdrawal demands by depositors. Source: 25 SDR 135, effective July 1, 1999. General Authority:SDCL 51A-4-13. Law Implemented:SDCL 51…

Rule 20:07:04:01 Repealed. 20:07:04:01. Application and fee.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:04:02 Repealed. 20:07:04:02. Certified copy of resolution by board of directors.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:04:03 Repealed. 20:07:04:03. Submission to commission.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:04:04 Repealed. 20:07:04:04. Submission to federal deposit insurance corporation or federal reserve.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:04:05 Repealed. 20:07:04:05. Restrictions.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:04:06 Repealed. 20:07:04:06. Approval required -- Fee.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:04:07 Repealed. 20:07:04:07. Approval of managing officer.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:04:08 Repealed. 20:07:04:08. Security of branch assets.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:04:09 Repealed. 20:07:04:09. Operating expenses.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:04:10 Repealed. 20:07:04:10. Approval of permanent records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:04:11 Repealed. 20:07:04:11. Examinations and fees.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:04:12 Repealed. 20:07:04:12. Approval required to discontinue branch.Repealed. Source: SL 1975, ch 16, § 1; 12 SDR 151, 12 SDR 155, effective July 1, 1986; repealed, 15 SDR 28, effective August 21, 1988.

Rule 20:07:04:13 Repealed. 20:07:04:13. Operation of branch subject to banking rules.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:04:14 Repealed. 20:07:04:14. Discontinuance of branch.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:01 Repealed. 20:07:05:01. Administrative records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:02 Repealed. 20:07:05:02. Auditing and accounting records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:03 Repealed. 20:07:05:03. Capital records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:04 Repealed. 20:07:05:04. International department records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:05 Repealed. 20:07:05:05. General ledger records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:06 Repealed. 20:07:05:06. Investment records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:07 Repealed. 20:07:05:07. Loans and discount records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:08 Repealed. 20:07:05:08. Consumer credit records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:09 Repealed. 20:07:05:09. Mortgage records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:10 Repealed. 20:07:05:10. Personnel records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:11 Repealed. 20:07:05:11. Due from bank records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:12 Repealed. 20:07:05:12. Proof and clearing records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:13 Repealed. 20:07:05:13. Teller records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:14 Repealed. 20:07:05:14. Transit records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:15 Repealed. 20:07:05:15. Deposits -- Account analysis records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:16 Repealed. 20:07:05:16. Banks, due to, deposit records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:17 Repealed. 20:07:05:17. Official checks and draft records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:18 Repealed. 20:07:05:18. Savings account records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:19 Repealed. 20:07:05:19. Miscellaneous collection records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:20 Repealed. 20:07:05:20. Customer service records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:21 Repealed. 20:07:05:21. Certificate of deposit records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:22 Repealed. 20:07:05:22. Christmas club records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:23 Repealed. 20:07:05:23. Checking accounts -- Individual and firm records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:24 Repealed. 20:07:05:24. General records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:25 Repealed. 20:07:05:25. Registered mail records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:26 Repealed. 20:07:05:26. Safe deposit vault records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:27 Repealed. 20:07:05:27. Trust department records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:28 Repealed. 20:07:05:28. Electronic data processing checking account records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:29 Repealed. 20:07:05:29. Electronic data processing savings account records.Repealed. Source: SL 1975, ch 16, § 1; repealed, 8 SDR 31, effective September 30, 1981.

Rule 20:07:05:30 Records retention. 20:07:05:30. Records retention. Banks shall retain records as normal business practices dictate. Numerical documents shall be retained in numerical order. A bank shall not destroy any records necessary for subsequent examinations of the bank. S…

Rule 20:07:05:31 Retention methods. 20:07:05:31. Retention methods. Records may be microfilmed or maintained in the form of electronically encoded data for retention purposes. Any records required to be maintained may be made available on the basis of computer printed reproductio…

Rule 20:07:05:32 Records retention for trust companies. 20:07:05:32. Records retention for trust companies. Any trust company record, other than those records required to be kept permanently by SDCL 51A-6A-30, shall be retained for a period of five years from the date of transact…