A bank or savings and loan association has a general lien, dependent on possession, upon all property in its hands belonging to a customer, for the balance due to it from such customer in the course of business.

Source: CivC 1877, § 1808; CL 1887, § 4443; RCivC 1903, § 2155; RC 1919, § 1696; SDC 1939, § 39.1503; SL 1981, ch 312 , § 1.