South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 51A-12-10: Sale of surplus federal reserve funds and excess bank funds not loan.

Where this section sits in the code

TITLE 51A. BANKS AND BANKING
CHAPTER 51A-12. BANK LOANS

The sale of surplus federal reserve funds and excess bank funds is not considered loans or obligations and are not subject to any limitation based on capital stock and surplus.

Source: SL 1969, ch 11, § 10.4; SDCL, § 51-24-7; SL 1988, ch 377, § 146; SDCL, § 51-24-9.2.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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