{"data":{"id":"us-sd/sdcl-51a-2-37","jurisdiction":"us-sd","citation":"SDCL § 51A-2-37","heading":"Examinations of parent corporations by director--Penalty for refusal to allow examination.","body":"If the director considers it necessary, the director may examine the books and records of a corporation that holds twenty-five percent or more of the stock of a bank. If any parent corporation of a state chartered bank refuses to give any information required in the course of an examination, that parent corporation is subject to a civil fine of one thousand dollars for each day that the refusal continues. Continued refusal may result in the taking and possession of such bank as provided in § 51A-15-11.\nSource: SL 1969, ch 11, § 2.28; SL 1970, ch 265, § 15; SL 1980, ch 24, § 84; SL 1981, ch 346, § 18; SL 1983, ch 357; SL 1988, ch 377, § 51; SDCL § 51-16-38; SL 2008, ch 252, § 11.","path":["TITLE 51A. BANKS AND BANKING","CHAPTER 51A-2. DIVISION OF BANKING"],"source_url":"https://sdlegislature.gov/Statutes/51A-2-37","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"c8c322ff82a9a2f410726b6659adf93afdf27a1c241c0a37653f14d46127a984","source_id":"us-sd","stale":false,"prev":"us-sd/sdcl-51a-2-36","next":"us-sd/sdcl-51a-2-38"},"notice":"GroundRules: Original legal text. Not legal advice."}