South Dakota Code § 51A-15-26

Borrowing money by director in possession
Open in Lexace · Ask the AI about this section
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.

‹ Prev All South Dakota sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.