51A-4-5. Certificate of authority required to engage in banking business--Misdemeanor.No person, partnership or corporation may advertise, publish or otherwise represent that he is engaged in the business of banking without having first obtained a certificate of authority from the director, as provided in this title. A violation of this section is a Class 1 misdemeanor. Source: SL 1909, ch 222, art 2, §47; SL 1915, ch 102, art 2, §51; RC 1919, §9000; SDC 1939, §§6.0403, 6.9905; SDCL, §51-6-1; SL 1969, ch 11, §4.2; SL 1980, ch 24, §85; SL 1988, ch 377, §80; SDCL, §51-18-2.
South Dakota Legal Code