Section 51A-5-30 - Trust service office--Business allowed. - South-dakota Statutes

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51A-5-30. Trust service office--Business allowed. Upon establishment of a trust service office, the bank or trust company may conduct at the trust service office any trust business and business incidental thereto which it is permitted to conduct at its principal office, but may not accept deposits except as incidental to the trust business.

Source: SL 1984, ch 314, § 3; SDCL, § 51-19-15; SL 1995, ch 268, § 78; SL 1997, ch 272, § 16.

State Codes and Statutes

Statutes > South-dakota > Title-51a > Chapter-05 > Statute-51a-5-30

51A-5-30. Trust service office--Business allowed. Upon establishment of a trust service office, the bank or trust company may conduct at the trust service office any trust business and business incidental thereto which it is permitted to conduct at its principal office, but may not accept deposits except as incidental to the trust business.

Source: SL 1984, ch 314, § 3; SDCL, § 51-19-15; SL 1995, ch 268, § 78; SL 1997, ch 272, § 16.

State Codes and Statutes

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State Codes and Statutes

Statutes > South-dakota > Title-51a > Chapter-05 > Statute-51a-5-30

51A-5-30. Trust service office--Business allowed. Upon establishment of a trust service office, the bank or trust company may conduct at the trust service office any trust business and business incidental thereto which it is permitted to conduct at its principal office, but may not accept deposits except as incidental to the trust business.

Source: SL 1984, ch 314, § 3; SDCL, § 51-19-15; SL 1995, ch 268, § 78; SL 1997, ch 272, § 16.