State Codes and Statutes
Statutes > South-dakota > Title-58 > Chapter-26 > Statute-58-26-458-26-4. Preferred or guaranteed stocks--Method of computing value approved by director. Preferred or guaranteed stocks or shares while paying full dividends may be carried at a fixed value in lieu of market value, at the discretion of the director and in accordance with such method of computation as he may approve.
Source: SL 1966, ch 111, ch 5, § 13 (2).
