Certificate of authority required to engage in banking business--Misdemeanor

No person, partnership or corporation may advertise, publish or otherwise represent that he is engaged in the business of banking without having first obtained a certificate of authority from the director, as provided in this title. A violation of this section is a Class 1 misdemeanor. Source: SL 1909, ch 222 , art 2, § 47; SL 1915, ch 102 , art 2, § 51; RC 1919, § 9000; SDC 1939, §§ 6.0403, 6.9905; SDCL, § 51-6-1; SL 1969, ch 11 , § 4.2; SL 1980, ch 24 , § 85; SL 1988, ch 377 , § 80; SDCL, § 51-18-2.