20:07:03:03.01Accounting principles.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
The books and accounts of banks shall be kept in accordance with generally accepted accounting principles unless a regulatory requirement requires otherwise.
Source: 8 SDR 31, effective September 30, 1981; 12 SDR 151, 12 SDR 155, effective July 1, 1986.