GroundRules
SDCL § 51A-15-26: Borrowing money by director in possession.
Where this section sits in the code
- TITLE 51A. BANKS AND BANKING
- CHAPTER 51A-15. SUSPENSION AND LIQUIDATION OF BANKS
With the approval of the commission, the director may borrow money in the name of the bank in his possession and may pledge its assets as security for the loan.
Source: SL 1933, ch 54, § 1; SDC 1939, § 6.0629; SDCL, § 51-14-25; SL 1969, ch 11, § 13.9; SDCL, § 51-27-18.
Collected 2026-09-03T15:18:57Z. Source file · JSON