S.D. Admin. R. 20:10:13:74

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

Section 20:10:13:74 - Statement G - Preferred stock capital

Statement G shall also show the weighted average cost of preferred stock capital based upon the following data for each class and series of preferred stock outstanding according to the most recently available balance sheet:

(1) Title;

(2) Date of issuance;

(3) If callable, call price;

(4) If convertible, terms of conversion;

(5) Dividend rate;

(6) Par value or stated amount of issue;

(7) Price to public per share;

(8) Underwriters' discount or commission:

(a) Amount;

(b) Percent of gross proceeds;

(9) Issuance expenses:

(a) Amount;

(b) Percent of gross proceeds;

(10) Net proceeds;

(11) Net proceeds per unit;

(12) Cost of money, that is, the dividend rate divided by net proceeds per unit or share;

(13) Amount outstanding;

(14) Whether issue was offered to stockholders through subscription rights or to the public;

(15) If issue is owned by an affiliate, then provide the name and relationship of owner.

S.D. Admin. R. 20:10:13:74

2 SDR 90, effective 7/7/1976; 12 SDR 151, 12 SDR 155, effective 7/1/1986.

General Authority: SDCL 49-34A-4.

Law Implemented: SDCL 49-34A-10, 49-34A-12, 49-34A-41.