51A-7-16. Restrictions on branches by other states.
50 words·~1 min read·
/sd/title-51/chapter-51-7/51a-7-16·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
To the extent another state imposes a restriction on the ability of a South Dakota bank to establish, acquire, or retain a branch in that state, the other state's restriction shall apply to the establishment, acquisition, or retention of a branch in South Dakota by a bank from that state.