S.D. Codified Laws § 51A-2-27
This is the official text of S.D. Codified Laws § 51A-2-27, part of South Dakota’s Codified Laws — part of the compiled statutory law of South Dakota, published by the state as "Codified Laws." Browse the sections below, each linked to its official government source.
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Injunctive relief
Official statutory text
If a person or bank that is subject to an order entered by the director or the commission pursuant to § 51A-2-22 , 51A-2-25 or 51A-2-26 , fails to comply with such order, the director or commission may seek an injunction from the circuit court in the county in which the bank is located, ordering such person or bank to cease and desist from the unsound or unlawful banking practice. An injunction shall be granted upon a showing that certain practices were engaged in that are contrary to sound banking practices, and that these practices contributed to the financial detriment of the bank.
Source: SL 1981, ch 346, § 11; SL 1988, ch 377, § 43; SDCL, § 51-16-27.2
Source: SL 1981, ch 346, § 11; SL 1988, ch 377, § 43; SDCL, § 51-16-27.2
Status: in_force · Read it on the official government site
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