Maintenance of deposit as condition for loan

SDCL § 51A-12-17 — under BANK LOANS.

SDCL § 51A-12-17

A bank may require a borrower to maintain funds on deposit as a condition precedent to the granting of credit or any loan. Source: SL 1983, ch 359 , § 2; SDCL, § 51-24-18.