{"data":{"id":"us-sd/sdcl-51a-18-7","jurisdiction":"us-sd","citation":"SDCL § 51A-18-7","heading":"User refund for fraud--Conditions--Deadline to refund.","body":"A licensee shall issue a full refund to any user that:\n(1) Is the victim of a fraudulent virtual currency transaction involving a virtual currency kiosk operated by the licensee;\n(2) Within ninety days after the last occurrence of fraud or of becoming aware of the fraud, informs the licensee of all fraudulent transactions at issue; and\n(3) Within one hundred twenty days after contacting the licensee, submits to the licensee a copy of any police report or government agency report or a sworn statement detailing all known fraudulent activity.\nWithin seventy-two hours of the user's satisfaction of all conditions in this section, the licensee must issue a full refund to the user, including all charges paid by the user in connection with the fraudulent transaction.\nSource: SL 2026, ch 193, § 7.","path":["TITLE 51A. BANKS AND BANKING","CHAPTER 51A-18. VIRTUAL CURRENCY KIOSKS"],"source_url":"https://sdlegislature.gov/Statutes/51A-18-7","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"a46ff722177228d434052f019771b3626b45cb59a8ef462f8a577022c17ece9f","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-51a-18-6","next":"us-sd/sdcl-51a-18-8"},"notice":"GroundRules: Original legal text. Not legal advice."}