Capital requirements for bank operating branch

SDCL § 51A-7-3 — under BRANCH BANKS AND DRIVE-IN FACILITIES.

SDCL § 51A-7-3

Any bank operating a branch bank or banks shall have total capital of not less than the minimum amount required by rule of the commission. Source: SL 1933 (SS), ch 2 , § 2; SDC 1939, § 6.0402; SL 1957, ch 11 ; SDCL, § 51-8-4; SL 1969, ch 11 , § 6.3; SL 1982, ch 334 , § 2; SL 1988, ch 377 , § 127; SDCL, § 51-20-3.