Banking with industrial hemp or marijuana licensees and associated persons authorized

SDCL § 51A-4-1.1 — under GENERAL POWERS OF BANKS.

SDCL § 51A-4-1.1

A bank may, directly or through subsidiaries, carry on the business of banking, pursuant to § 51A-4-1 , with any person licensed in this state to engage in the business of industrial hemp or marijuana, or with any person engaging in legal business dealings with such licensee. Source: SL 2021, ch 202 , § 1.