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.
S.D. Admin. R. 20:07:16:08
General Authority: SDCL 51A-2-13 to 51A-2-15.
Law Implemented: SDCL 51A-4-1.