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2018 South Dakota Codified Laws
Title 51A - BANKS AND BANKING
Chapter 17 - Money Transmission
- § 51A-17-1 Definition of terms.
- § 51A-17-2 Permissible investments defined.
- § 51A-17-3 Entities exempt from chapter.
- § 51A-17-4 License to engage in business of money transmission required.
- § 51A-17-5 Single license to conduct business at multiple locations--Authorized delegates.
- § 51A-17-6 Minimum net worth required.
- § 51A-17-7 Qualification to do business of corporate and noncorporate applicants and licensees.
- § 51A-17-8 Security device or deposit required.
- § 51A-17-9 Security after licensee ceases operations.
- § 51A-17-10 Investments required--Waiver by director.
- § 51A-17-11 Criminal background investigation required.
- § 51A-17-12 Application for license--Form--Contents.
- § 51A-17-13 Corporate applicants--Additional requirements.
- § 51A-17-14 Noncorporate applicants--Additional requirements.
- § 51A-17-15 Waiver of license application requirements.
- § 51A-17-16 Application fee.
- § 51A-17-17 Investigation of applicant by director.
- § 51A-17-18 Denial of application--Request for hearing.
- § 51A-17-19 Annual report and renewal fee.
- § 51A-17-20 Time for filing renewal application, report, and fee.
- § 51A-17-21 Limit of licensee's liability.
- § 51A-17-22 Written report of certain events required.
- § 51A-17-23 Notice of proposed change of control--Investigation--Approval of change.
- § 51A-17-24 Persons exempt from change of control requirements--Notice.
- § 51A-17-25 Public offering of securities exempt from change of control requirements.
- § 51A-17-26 Request for determination on change of control from director.
- § 51A-17-27 On-site examinations--Acceptance of report by other examining agency--Waiver with self-examination.
- § 51A-17-28 Request for financial data or on-site examination upon reasonable basis to believe licensee in noncompliance.
- § 51A-17-29 Records required and open to inspection.
- § 51A-17-30 Confidentiality of information--Exception.
- § 51A-17-31 Authorized delegate--Written contract required--Contents.
- § 51A-17-32 Standards of conduct of authorized delegate.
- § 51A-17-33 Funds received by authorized delegate constitute trust funds.
- § 51A-17-34 Report of theft or loss.
- § 51A-17-35 Suspension or revocation of license.
- § 51A-17-36 Suspension or revocation of authorized delegate designation.
- § 51A-17-37 Cease and desist order.
- § 51A-17-38 Administrative proceeding following cease and desist order.
- § 51A-17-39 Consent order.
- § 51A-17-40 Fine for violation of chapter or rule.
- § 51A-17-41 Intentional misrepresentations or omissions in records--Engaging in activity without required license--Felony.
- § 51A-17-42 Order to show cause--Temporary restraining order--Cease and desist order--Administrative proceeding--Judicial review.
- § 51A-17-43 Jurisdiction of the courts.
- § 51A-17-44 Repealed.
- § 51A-17-45 Licenses not assignable.
- § 51A-17-46 Funds to be deposited with state treasurer and credited to banking special revenue fund.
- § 51A-17-47 Promulgation of rules.
- § 51A-17-48 Use of nationwide mortgage licensing system and registry as information channeling agent.
- § 51A-17-49 Collection and maintenance of records and processing of fees.
- § 51A-17-50 Confidentiality of information provided to nationwide mortgage licensing system and registry.
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