2017 South Dakota Codified Laws
Title 51A - BANKS AND BANKING
Chapter 17 - Money Transmission
§ 51A-17-20 Time for filing renewal application, report, and fee.
51A-17-20. Time for filing renewal application, report, and fee. Any application for renewal of a license pursuant to the provisions of this chapter shall be filed with the director by December first and shall be accompanied by a fee and report as required pursuant to the provisions of § 51A-17-19. Any licensee that files for renewal after December first and before January first of the next calendar year shall pay a late fee in addition to the renewal fee. The late fee shall equal twenty-five percent of the renewal fee. If the application for renewal of a license is filed after December thirty-first, no license may be issued unless an application is filed pursuant to the provisions of § 51A-17-12.
Any money transmission license issued pursuant to the provisions of chapter 51A-17 that is set to expire on July 1, 2015, is extended until December 31, 2015.
Source: SL 2008, ch 253, § 20; SL 2015, ch 241, § 2.
