{"data":{"id":"us-sd/sdcl-51a-6a-28","jurisdiction":"us-sd","citation":"SDCL § 51A-6A-28","heading":"Dividends from undivided profits or surplus.","body":"The governing board of any trust company may declare dividends from undivided profits or surplus, if the trust company is in compliance with the capital requirements of §§ 51A-6A-19 and 51A-6A-19.1 following payment of the dividend and if the director approves any dividend to be paid from surplus.\nSource: SL 1995, ch 268, § 26; SL 2019, ch 205, § 5.","path":["TITLE 51A. BANKS AND BANKING","CHAPTER 51A-6A. CREATION OF TRUST COMPANIES"],"source_url":"https://sdlegislature.gov/Statutes/51A-6A-28","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"96a665f0dd9c99c7e6f0312554e0cd197ac0c5834e8f0df3a59a7de0f26f1c58","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-51a-6a-27","next":"us-sd/sdcl-51a-6a-29"},"notice":"GroundRules: Original legal text. Not legal advice."}