South Dakota Statutes

§ 51A-17-81 — Acquisition of control--Application--Determination.

South Dakota·Title 51A BANKS AND BANKING·Ch. 51A-16 MONEY TRANSMISSION
Before filing an application for approval to acquire control of a licensee a person may request in writing a determination from the director as to whether the person would be considered a person in control of a licensee upon consummation of a proposed transaction. If the director determines that the person would not be a person in control of a licensee, the proposed person and transaction is not subject to the requirements of subdivisions 51A-17-72 (1) and (2).

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South Dakota § 51A-17-81 (Acquisition of control--Application--Determination.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 2024, ch 196, § 30.

Nearby Sections

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