South Dakota § 51A-17-96 Receipt for money received for transmission--Requirements for receipt.

South Dakota Statutes

§ 51A-17-96 — Receipt for money received for transmission--Requirements for receipt.

South Dakota § 51A-17-96

Title 51ABANKS AND BANKING

Ch. 51A-16MONEY TRANSMISSION

This text of South Dakota § 51A-17-96 (Receipt for money received for transmission--Requirements for 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-17-96 (2026).

Text

Every licensee or its authorized delegate shall provide the sender a receipt for money received for transmission.

(1)The receipt shall contain the following information, as applicable:

(a)The name of the sender;

(b)The name of the designated recipient;

(c)The date of the transaction;

(d)The unique transaction or identification number;

(e)The name of the licensee, NMLS Unique ID, the licensee's business address, and the licensee’s customer service telephone number;

(f)The amount of the transaction in United States dollars;

(g)Any fee charged by the licensee to the sender for the transaction; and (h) Any taxes collected by the licensee from the sender for the transaction.

(2)The receipt required by this section must be in English and in the language pri

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Every licensee or its authorized delegate shall provide the sender a receipt for money received for transmission. (1) The receipt shall contain the following information, as applicable: (a) The name of the sender; (b) The name of the designated recipient; (c) The date of the transaction; (d) The unique transaction or identification number; (e) The name of the licensee, NMLS Unique ID, the licensee's business address, and the licensee’s customer service telephone number; (f) The amount of the transaction in United States dollars; (g) Any fee charged by the licensee to the sender for the transaction; and (h) Any taxes collected by the licensee from the sender for the transaction. (2) The receipt required by this section must be in English and in the language principally used by the licensee or authorized delegate to advertise, solicit, or negotiate, either orally or in writing, for a transaction conducted in person, electronically, or by phone, if other than English.