GroundRules
← Search the law
South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 51A-17-67: Multistate licensing process--Investigations.

Read at publisher ↗
Where this section sits in the code
  1. TITLE 51A. BANKS AND BANKING
  2. CHAPTER 51A-17. MONEY TRANSMISSION

If an applicant avails itself or is otherwise subject to a multistate licensing process:

(1) The director is authorized and encouraged to accept the investigation results of a lead investigative state for the purpose of § 51A-17-66 if the lead investigative state has sufficient staffing, expertise, and minimum standards; or

(2) If the division is a lead investigative state, the director is authorized and encouraged to investigate the applicant pursuant to § 51A-17-66 and the timeframes established by agreement through the multistate licensing process, provided, however, that in no case shall such a timeframe be noncompliant with the application period in § 51A-17-64.

Source: SL 2024, ch 196, § 16.

Collected 2026-09-03T15:18:57Z. Source file · JSON

Browse this collection