Capitalization and financial data given in annual report.

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10-35-6. Capitalization and financial data given in annual report.

The report required by §10-35-3 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 1929, ch 247, §3; SDC 1939, §57.1903 (3).


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