§ 51A-6A-27 Source of dividends.

SD Codified L § 51A-6A-27 (2019) (N/A)
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51A-6A-27. Dividends not permitted from required capital. A trust company may not permit to be withdrawn, in the form of dividends, any portion of its capital required under §§ 51A-6A-19 and 51A-6A-19.1.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.