South Dakota § 51A-17-66 Complete application--Investigation.

South Dakota Statutes

§ 51A-17-66 — Complete application--Investigation.

South Dakota § 51A-17-66

Title 51ABANKS AND BANKING

Ch. 51A-16MONEY TRANSMISSION

This text of South Dakota § 51A-17-66 (Complete application--Investigation.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 51A-17-66 (2026).

Text

When an application is filed and considered complete under §§ 51A-17-64 and 51A-17-65 , the director must investigate the applicant's financial condition and responsibility, financial and business experience, character, and general fitness. The director may conduct an on-site investigation of the applicant, the reasonable cost of which the applicant must pay. The director must issue a license to an applicant under §§ 51A-17-64 to 51A-17-69 , inclusive, if the director finds that all of the following conditions have been fulfilled:

(1)The applicant has complied with §§ 51A-17-61 to 51A-17-63 , inclusive; and (2) The financial condition and responsibility, financial and business experience, competence, character, and general fitness of the applicant; and the competence, experience, ch

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When an application is filed and considered complete under §§ 51A-17-64 and 51A-17-65 , the director must investigate the applicant's financial condition and responsibility, financial and business experience, character, and general fitness. The director may conduct an on-site investigation of the applicant, the reasonable cost of which the applicant must pay. The director must issue a license to an applicant under §§ 51A-17-64 to 51A-17-69 , inclusive, if the director finds that all of the following conditions have been fulfilled: (1) The applicant has complied with §§ 51A-17-61 to 51A-17-63 , inclusive; and (2) The financial condition and responsibility, financial and business experience, competence, character, and general fitness of the applicant; and the competence, experience, character, and general fitness of the key individuals and persons in control of the applicant indicate that it is in the interest of the public to permit the applicant to engage in money transmission.