South Dakota Code § 51A-3-5

Sale price of original stock issue or original issue of members' equity--Excess credited to surplus
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For a bank organized as a corporation, the original issue of bank stock, and for a bank organized as a limited liability company, the original issue of members' equity, shall be sold at a price of not less than twenty percent in excess of its par value and paid for in full in lawful money of the United States. The excess over the par value shall be credited on the books of the bank to the surplus.

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