51A-10-8. Misdemeanor to certify check where drawer's funds insufficient.
It is a Class 2 misdemeanor for any officer or employee of any bank to certify any check, draft, or order drawn upon such bank unless the person drawing the same has on deposit an amount of money equal to the amount specified therein. Any check, draft, or order so certified by a duly authorized officer of such bank shall be a good and valid obligation of such bank.
Source: SL 1909, ch 222, art 2, §34; SL 1915, ch 102, art 2, §38; RC 1919, §8986; SDC 1939, §6.0415; SDCL, §51-10-13; SL 1969, ch 11, §8.8; SL 1990, ch 158, §29; SDCL, §51-22-10.
Structure South Dakota Codified Laws
Section 51A-10-1 - "Deposit" or "deposits" defined.
Section 51A-10-2 - Minors' accounts.
Section 51A-10-3 - Deposits in name of two or more persons.
Section 51A-10-4 - Deposits in trust for another.
Section 51A-10-7 - Duty of depositor to examine statement of account and vouchers.
Section 51A-10-8 - Misdemeanor to certify check where drawer's funds insufficient.
Section 51A-10-9 - Preferential deposits.
Section 51A-10-11 - Loans prohibited when reserve deficient.