20:07:03:10Accrual accounting.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
The books and records of a bank with total assets of $25,000,000 or more shall be kept on an accrual basis.
Source: 8 SDR 31, effective September 30, 1981; 12 SDR 151, 12 SDR 155, effective July 1, 1986.