S.D. Codified Laws § 51A-3-17.1

Current through the 2024 Legislative Session
Section 51A-3-17.1 - Dividends-Definition

For the purposes of this chapter, dividends are any distribution of funds made by the bank to a shareholder from current or accumulated earnings except for fees or salaries.

SDCL 51A-3-17.1

SL 1998, ch 279, §1.