§ 20:07:03:24

ARSD 20:07:03:24

Investment in federal home loan bank.

Effective Dec 22, 199421 SDR 111Source: 21 SDR 111, effective December 22, 1994. | General Authority: SDCL 51A-2-13. | Law Implemented: SDCL 51A-4-13.

A bank may purchase stock in a federal home loan bank and may borrow money from such a bank.

Source: 21 SDR 111, effective December 22, 1994.

General Authority: SDCL 51A-2-13.

Law Implemented: SDCL 51A-4-13.