South Dakota Administrative Rules
Title 20 - PUBLIC SAFETY
Article 20:07 - BANKING
Chapter 20:07:23 - Mobile branch banks
Section 20:07:23:02 - Mobile branch banks requiring only notification to director
Universal Citation: SD Admin Rules 20:07:23:02
Current through Register Vol. 50, page 114, March 25, 2024
Any bank desiring to establish a mobile branch bank in the municipality in which the bank has an existing permanent bank or branch bank facility or in any county in this state that does not have a permanent bank or branch bank facility at the time the mobile branch bank is first established shall submit a letter of notice to the director that includes the following:
(1) Statement of the area in which the mobile branch bank will operate; and
(2) Statement describing the operation of the mobile branch bank.
General Authority: SDCL 51A-2-14(3)(4).
Law Implemented: SDCL 51A-1-2(19), 51A-2-14(3)(4).
Disclaimer: These regulations may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
