S.D. Codified Laws § 51A-12-2.3

Current through the 2024 Legislative Session
Section 51A-12-2.3 - Loan defined

For the purpose of calculating loan or credit limitations pursuant to § 51A-12-2, a loan includes any credit exposure to a borrower arising from a derivative transaction, repurchase agreement, reverse repurchase agreement, securities lending transaction, or securities borrowing transaction between a bank and that borrower.

SDCL 51A-12-2.3

SL 2013, ch 240, §1.