South Dakota Statutes

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

South Dakota·Title 51A BANKS AND BANKING·Ch. 51A-16 MONEY TRANSMISSION

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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Legislative History

SL 2024, ch 196, § 15.

Nearby Sections

15
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