South Dakota § 51A-1-19 Central bank digital currency--Public transaction prohibited.

South Dakota Statutes

§ 51A-1-19 — Central bank digital currency--Public transaction prohibited.

South Dakota·Title 51A BANKS AND BANKING·Ch. 51A-1 DEFINITIONS, GENERAL PROVISIONS AND PENALTIES

Neither the state nor any of its agencies or subdivisions may accept a central bank digital currency, whether foreign or domestic, as payment for taxes, fees, tuition, admission, the settlement of any account or debt, or any other purpose. For the purposes of this chapter, the term "central bank digital currency" means a national digital currency issued by a central bank that is widely available to the general public.

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Neither the state nor any of its agencies or subdivisions may accept a central bank digital currency, whether foreign or domestic, as payment for taxes, fees, tuition, admission, the settlement of any account or debt, or any other purpose. For the purposes of this chapter, the term "central bank digital currency" means a national digital currency issued by a central bank that is widely available to the general public.

South Dakota § 51A-1-19 (Central bank digital currency--Public transaction prohibited.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.