Capitalization and financial data listed in annual report.

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10-33-7. Capitalization and financial data listed in annual report.

The report required by §10-33-4 shall show the following details concerning the financial organization and operation of the company:

(1)The amount of capital stock authorized and the amount issued as preferred stock or as common stock, with the present actual cash value of the same;

(2)All assets and liabilities;

(3)All receipts and disbursements.

Source: SL 1915, ch 100, §14; RC 1919, §6622; SDC 1939, §57.1802 (3).


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