SDCL § 51A-17-82: Multistate licensing--Determination--Investigation.
Where this section sits in the code
- TITLE 51A. BANKS AND BANKING
- CHAPTER 51A-17. MONEY TRANSMISSION
If a multistate licensing process includes a determination pursuant to § 51A-17-81 and an applicant avails itself or is otherwise subject to the multistate licensing process:
(1) The director is authorized and encouraged to accept the control determination of a lead investigative state with sufficient staffing, expertise, and minimum standards for the purpose of § 51A-17-81; or
(2) If this state is a lead investigative state, the director is authorized and encouraged to investigate the applicant pursuant to § 51A-17-81 and the timeframes established by agreement through the multistate licensing process.
Source: SL 2024, ch 196, § 31.
Collected 2026-09-03T15:18:57Z. Source file · JSON