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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 51A-3-17.1: Dividends--Definition.

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Where this section sits in the code
  1. TITLE 51A. BANKS AND BANKING
  2. CHAPTER 51A-3. ORGANIZATION, APPLICATIONS, AND CAPITAL STRUCTURE OF BANKING CORPORATIONS

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.

Source: SL 1998, ch 279, § 1.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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