51A-9-5. Examination of bank services.
Any bank services performed by a bank service corporation for any bank, whether on or off the premises of such bank, shall, as to such bank, be subject to regulation and examination to the same extent as if such bank services were performed by the bank itself on the premises of such bank.
Source: SL 1963, ch 29, §6; SDCL, §51-9-4; SL 1969, ch 11, §7.4; SDCL, §51-21-4.
Structure South Dakota Codified Laws
Chapter 09 - Bank Service Corporations
Section 51A-9-1 - "Bank service corporation" and "bank services" defined.
Section 51A-9-2 - Investment in bank service corporation.
Section 51A-9-3 - Authority of bank service corporation.
Section 51A-9-4 - Ownership of bank or bank holding company stock prohibited.