S.D. Admin. R. 20:07:03:10

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:07:03:10 - Accrual accounting

The books and records of a bank with total assets of $25,000,000 or more shall be kept on an accrual basis.

S.D. Admin. R. 20:07:03:10

8 SDR 31, effective 9/30/1981; 12 SDR 151, 12 SDR 155, effective 7/1/1986.

General Authority: SDCL 51A-2-13.

Law Implemented: SDCL 51A-13-1.