20:07:16:07Definition of special bank subsidiary.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
A special bank subsidiary is any subsidiary of a bank which engages in one or more of the following businesses: insurance underwriting, real estate development, or acting as a surety or guarantor.
Source: 12 SDR 106, effective January 1, 1986; 12 SDR 151, 12 SDR 155, effective July 1, 1986.