South Dakota § 51A-17-85 Filing of financial statement--Certificate of opinion.

South Dakota Statutes

§ 51A-17-85 — Filing of financial statement--Certificate of opinion.

South Dakota § 51A-17-85

Title 51ABANKS AND BANKING

Ch. 51A-16MONEY TRANSMISSION

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Bluebook

S.D. Codified Laws § 51A-17-85 (2026).

Text

(1)Each licensee shall, within ninety days after the end of each fiscal year, or within any extended time as the director may prescribe, file with the director:

(a)An audited financial statement of the licensee for the fiscal year prepared in accordance with United States generally accepted accounting principles; and (b) Any other information as the director may reasonably require.

(2)The audited financial statements shall be prepared by an independent certified public accountant or independent public accountant who is satisfactory to the director.

(3)The audited financial statements shall include or be accompanied by a certificate of opinion of the independent certified public accountant or independent public accountant that is satisfactory in form and content to the di

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(1) Each licensee shall, within ninety days after the end of each fiscal year, or within any extended time as the director may prescribe, file with the director: (a) An audited financial statement of the licensee for the fiscal year prepared in accordance with United States generally accepted accounting principles; and (b) Any other information as the director may reasonably require. (2) The audited financial statements shall be prepared by an independent certified public accountant or independent public accountant who is satisfactory to the director. (3) The audited financial statements shall include or be accompanied by a certificate of opinion of the independent certified public accountant or independent public accountant that is satisfactory in form and content to the director. If the certificate of opinion is qualified, the director may order the licensee to take any action as the director may find necessary to enable the independent or certified public accountant or independent public accountant to remove the qualification.