South Dakota

51A-3-1. Corporation laws applicable to banks.

51A-3-1.1. Bank organized as limited liability company--Rules.

51A-3-2. Articles of incorporation or articles of organization--Content--Name of bank--Capital stock or members' equity.

51A-3-3. Incorporators of bank.

51A-3-4. Minimum capital.

51A-3-5. Sale price of original stock issue or original issue of members' equity--Excess credited to surplus.

51A-3-6. Transfers to surplus.

51A-3-7. Applications--Fee.

51A-3-8. Acceptance of application for charter.

51A-3-9. Conditions to be considered in ruling on application.

51A-3-10. Hearing on application.

51A-3-11. 51A-3-11. Repealed by SL 2008, ch 252, § 14.

51A-3-12. Endorsement and filing of approved articles--Notice of disapproval.

51A-3-13. Subscription of shares--Minimum collection--Refund on disapproval of application.

51A-3-14. Call by incorporators for full payment of subscriptions--Issuance of certificate of authority by director--Commencement of business within one year.

51A-3-15. Applications for branch banks and detached drive-in facilities--Applicable provisions.

51A-3-16. Preferred stock, capital notes, and debentures--Director approval of issuance--Terms of issue--Director approval of retirement or payment.

51A-3-17. Preferred stock, capital notes, and debentures outstanding--Restrictions on dividends.

51A-3-17.1. Dividends--Definition.

51A-3-18. Dividends--Restrictions and requirements for declaration.

51A-3-19. Approval of director required for unusually large dividends.

51A-3-20. Recovery of dividends paid when capital impaired.

51A-3-21. Net profits defined.

51A-3-22. Amendment of articles of incorporation--Changes requiring approval of director--Filing of amendments.

51A-3-23. Extension of charter.

51A-3-24. Reporting transfers of stock.

51A-3-25. Change in control of bank.

51A-3-26. Lien on shares--Enforcement--Marking of certificates.

51A-3-27. Purchase or purchase money loans on security of own stock prohibited--Exception.

51A-3-28. Credit of dividends, interest, or profits on indebtedness--Foreclosure of lien.

51A-3-29. Repealed by SL 2012, ch 252, § 12.

51A-3-30. Adoption and approval of bylaws.

51A-3-31. Indemnification of officers, directors, or employees.

51A-3-32. Board of directors--Number of members--Citizenship requirements--Election.

51A-3-33. Removal of directors--Vote required.

51A-3-34. Board of directors--Meetings.

51A-3-35. Election of officers--Terms--Vacancies.

51A-3-36. Names of officers and information forwarded to director--Vacancy on refusal to confirm.

51A-3-37. Bonds of officers and employees.

51A-3-38. Insurance protection.

51A-3-39. Amount of bonds and insurance prescribed by bank directors--Approval by director of division.