§ 10-35-6 Capitalization and financial data given in annual report.

SD Codified L § 10-35-6 (2019) (N/A)
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10-35-6. Capitalization and financial data given in annual report. The report required by § 10-35-3 shall show the following details concerning the financial organization and operation of the company:

(1) The amount of capital stock authorized and the amount issued as preferred stock, or as common stock, with the present actual cash value of the same;

(2) All assets and liabilities;

(3) All receipts and disbursements.Source: SL 1929, ch 247, § 3; SDC 1939, § 57.1903 (3).