A bank is expressly empowered, directly or through subsidiaries, to engage in all facets of the insurance business. Source: SL 1983, ch 356 , § 5; SDCL, §§ 51-18-1.3, 51-18-30.
Insurance business authorized
SDCL § 51A-4-4 — under GENERAL POWERS OF BANKS.
SDCL § 51A-4-4