{"data":{"id":"us-sd/sdcl-51a-3-21","jurisdiction":"us-sd","citation":"SDCL § 51A-3-21","heading":"Net profits defined.","body":"Net profits shall be equal to the net income or loss as reported by a bank in its reports of condition and income. In computing its net profits under this section, a bank may not add its provision for loan and lease losses to, nor deduct net charge offs from, its reported net income.\nSource: SDCL, § 51-15-1(9); SL 1988, ch 377, § 1; SDCL, § 51-17-20.6; SL 1991, ch 390, § 3.","path":["TITLE 51A. BANKS AND BANKING","CHAPTER 51A-3. ORGANIZATION, APPLICATIONS, AND CAPITAL STRUCTURE OF BANKING CORPORATIONS"],"source_url":"https://sdlegislature.gov/Statutes/51A-3-21","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"3d962c5621900212299db7e613c6276a11a067819f839866265528bfc9fda131","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-51a-3-20","next":"us-sd/sdcl-51a-3-22"},"notice":"GroundRules: Original legal text. Not legal advice."}