20:07:16:08Investment in subsidiaries and bank capital.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
For purpose of capital calculations, primary capital of a bank includes the bank's pro rata share of the shareholder's equity of all bank subsidiaries except those bank subsidiaries which are special bank subsidiaries. Banks shall not count as primary capital any investment in special bank subsidiaries.
Source: 12 SDR 106, effective January 1, 1986; 12 SDR 151, 12 SDR 155, effective July 1, 1986.