South Dakota § 10-43-90 - Determining minimum tax imposed upon financial institutions engaged in the trust business.
Full text of South Dakota South Dakota Codified Laws § 10-43-90 — Determining minimum tax imposed upon financial institutions engaged in the trust business., with citation guidance and answers to common questions.
§ 10-43-90. Determining minimum tax imposed upon financial institutions engaged in the trust business.
If a financial institution as described in § 10-43-88 has been authorized to engage in the trust business in South Dakota for fewer than twelve months, the annual minimum tax is five hundred dollars; for more than twelve months, but fewer than twenty-four months the annual minimum tax is two thousand dollars; for more than twenty-four months, but fewer than thirty-six months the annual minimum tax is five thousand dollars; for thirty-six months, but fewer than forty-eight months the annual minimum tax is ten thousand dollars; and for forty-eight months or more, the annual minimum tax is twenty-five thousand dollars.
Source: SL 1995, ch 268; § 88; SL 1997, ch 272, § 2.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 10-43-90
What does South Dakota Codified Laws § 10-43-90 cover?
Section 10-43-90 ("Determining minimum tax imposed upon financial institutions engaged in the trust business.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 10-43-90?
A common citation format is "South Dakota Codified Laws § 10-43-90" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 10-43-90 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.