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§ 51a-3-17-1 — South Dakota Law | CourtGPT
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South Dakota Legal Code

§ 51a-3-17-1

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51A-3-17.1. Dividends--Definition.For the purposes of this chapter, dividends are any distribution of funds made by the bank to a shareholder from current or accumulated earnings except for fees or salaries. Source: SL 1998, ch 279, §1.