SDCL § 51A-4-44: Financial institution and services defined.
Where this section sits in the code
- TITLE 51A. BANKS AND BANKING
- CHAPTER 51A-4. GENERAL POWERS OF BANKS
Terms used in § 51A-4-45 mean:
(1) "Financial institution," a National Banking Association, Federal Savings and Loan Association having its main office in this state, or a bank established and operated under the laws of this state;
(2) "Services," receiving deposits, renewing time deposits, closing loans, servicing loans, and receiving payments on loans and other obligations.
Source: SL 1995, ch 267, § 1; SL 2015, ch 239, § 3.
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