South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 51A-17-91: Prohibition if unlicensed.

Where this section sits in the code

TITLE 51A. BANKS AND BANKING
CHAPTER 51A-17. MONEY TRANSMISSION

A person shall not engage in the business of money transmission on behalf of a person not licensed under this chapter or not exempt pursuant to § 51A-17-53. A person that engages in such activity, provides money transmission to the same extent as if the person were a licensee, shall be jointly and severally liable with the unlicensed or nonexempt person.

Source: SL 2024, ch 196, § 40.

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

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