§ 20:07:03:06

ARSD 20:07:03:06

Chief executive officer of banks to be board member.

Effective Jul 1, 198612 SDR 155Source: SL 1975, ch 16, § 1; 8 SDR 31, effective September 30, 1981; 12 SDR 151, 12 SDR 155, effective July 1, 1986. | General Authority: SDCL 51A-2-13. | Law Implemented: SDCL 51A-2-15.

Chief executive officers of all state banks shall be members of the board of directors of their respective banks.

Source: SL 1975, ch 16, § 1; 8 SDR 31, effective September 30, 1981; 12 SDR 151, 12 SDR 155, effective July 1, 1986.

General Authority: SDCL 51A-2-13.

Law Implemented: SDCL 51A-2-15.