Temporary order of director against unsound practice

The director may issue a temporary order having force until the next regular meeting of the commission, or special meeting of the commission if requested by the director or by a member of the commission, requiring that any person cease and desist from engaging in any unsound or unlawful banking practice. Source: SL 1969, ch 11 , § 2.17 (4); SL 1970, ch 265 , § 12; SL 1981, ch 346 , § 10; SL 1988, ch 377 , § 41; SDCL § 51-16-27; SL 2008, ch 252 , § 9.