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§ 55-1a-28 — South Dakota Law | CourtGPT
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  6. § 55-1a-28
South Dakota Legal Code

§ 55-1a-28

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55-1A-28. Creation of reserves.A trustee may create reserves out of income for depreciation, obsolescence, or amortization, or for the depletion of mineral or timber properties. Source: SL 1979, ch 336, §28.