South Dakota § 51A-6A-22 Increasing capital stock or ownership units.

South Dakota Statutes

§ 51A-6A-22 — Increasing capital stock or ownership units.

South Dakota·Title 51A BANKS AND BANKING·Ch. 51A-6A CREATION OF TRUST COMPANIES

The capital stock or ownership units of any trust company may be increased. The president and cashier shall forward a verified statement to the director showing the amount of the increase, the names and addresses of the subscribers, the amount subscribed by each, and that the same had been paid in full to the trust company. The date and amount of the increase also shall be certified to the secretary of state.

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The capital stock or ownership units of any trust company may be increased. The president and cashier shall forward a verified statement to the director showing the amount of the increase, the names and addresses of the subscribers, the amount subscribed by each, and that the same had been paid in full to the trust company. The date and amount of the increase also shall be certified to the secretary of state.

South Dakota § 51A-6A-22 (Increasing capital stock or ownership units.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.