10-43-25.6. Receipts from securities used to maintain reserves against deposits included in numerator.
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/sd/title-10/chapter-10-43/10-43-25-6·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding the provisions of § 10-43-25.5 , receipts from securities used to maintain reserves against deposits to meet federal and state reserve requirements shall be included in the numerator specified in § 10-43-25.1 based on the ratio that the deposits in South Dakota bear to total deposits everywhere during the tax period.