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

SDCL § 51A-6A-27: Dividends not permitted from required capital.

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Where this section sits in the code
  1. TITLE 51A. BANKS AND BANKING
  2. CHAPTER 51A-6A. CREATION OF TRUST COMPANIES

A trust company may not permit to be withdrawn, in the form of dividends, any portion of its capital required under §§ 51A-6A-19 and 51A-6A-19.1.

Source: SL 1995, ch 268, § 25; SL 2015, ch 240, § 6; SL 2019, ch 205, § 4.

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

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