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20:07:12:04Impaired capital defined.

Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗

A bank's capital is considered impaired when its total capital as defined by § 20:07:12:03 is four percent or less of the bank's total assets.

Source: 11 SDR 46, effective October 9, 1984; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 13 SDR 37, effective October 9, 1986.