South Dakota § 51A-17-95 Electronic receipt.

South Dakota Statutes

§ 51A-17-95 — Electronic receipt.

South Dakota § 51A-17-95

Title 51ABANKS AND BANKING

Ch. 51A-16MONEY TRANSMISSION

This text of South Dakota § 51A-17-95 (Electronic receipt.) 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-17-95 (2026).

Text

(1)Section 51A-17-96 does not apply to:

(a)Money received for transmission subject to the federal Remittance Rule, 12 C.F.R. Part 1005 Subpart B (January 1, 2024);

(b)Money received for transmission that is not primarily for personal, family, or household purposes;

(c)Money received for transmission pursuant to a written agreement between the licensee and payee to process payments for goods or services provided by the payee; or (d) Payroll processing services.

(2)For purposes of this chapter, the term "receipt" means a paper receipt, electronic record, or other written confirmation. For a transaction conducted in person, the receipt may be provided electronically if the sender requests or agrees to receive an electronic receipt. For a transaction conducted electronic

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(1) Section 51A-17-96 does not apply to: (a) Money received for transmission subject to the federal Remittance Rule, 12 C.F.R. Part 1005 Subpart B (January 1, 2024); (b) Money received for transmission that is not primarily for personal, family, or household purposes; (c) Money received for transmission pursuant to a written agreement between the licensee and payee to process payments for goods or services provided by the payee; or (d) Payroll processing services. (2) For purposes of this chapter, the term "receipt" means a paper receipt, electronic record, or other written confirmation. For a transaction conducted in person, the receipt may be provided electronically if the sender requests or agrees to receive an electronic receipt. For a transaction conducted electronically or by phone, a receipt may be provided electronically. All electronic receipts shall be provided in a retainable form.