South Dakota Administrative Rules
Title 20 - PUBLIC SAFETY
Article 20:07 - BANKING
Chapter 20:07:03 - Internal management of banks
Section 20:07:03:26 - Bank borrowings
Universal Citation: SD Admin Rules 20:07:03:26
Current through Register Vol. 50, page 114, March 25, 2024
A bank may borrow money and pledge assets as security to meet demand for loans or withdrawal demands by depositors.
General Authority: SDCL 51A-4-13.
Law Implemented: SDCL 51A-4-13.
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