There is a newer version of the South Dakota Codified Laws
2012 South Dakota Codified Laws
Title 54 DEBTOR AND CREDITOR
Chapter 04. Money Lending Licenses
§54-4-45 Duration of license--Renewal.
SD Codified L § 54-4-45 (through 2012) What's This?
54-4-45. Duration of license--Renewal. A license expires on July first. To renew a license, the licensee shall file for renewal by June fifteenth. The renewal application shall include a renewal fee not to exceed one thousand dollars, as set by rules of the commission promulgated pursuant to chapter 1-26, proof of surety bond, and any other information as required by the director, by rule or order. Any licensee that files for renewal after June fifteenth and before July first shall pay a late fee in addition to the renewal fee. The late fee, not to exceed twenty-five percent of the renewal fee, shall be established by the commission in rules promulgated pursuant to chapter 1-26. After June thirtieth no license may be issued unless an application is filed pursuant to § 54-4-40.
Source: SL 1998, ch 280, § 10; SL 2004, ch 293, § 2; SL 2005, ch 258, § 4.
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