South Dakota Statutes

§ 54-4-43 — Investigation of facts concerning license application--Requirements for grant of license.

South Dakota § 54-4-43
JurisdictionSouth Dakota
Title 54DEBTOR AND CREDITOR
Ch. 54-3AMONEY LENDING LICENSES

This text of South Dakota § 54-4-43 (Investigation of facts concerning license application--Requirements for grant of license.) 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 § 54-4-43 (2026).

Text

The director shall investigate the facts concerning the application. The director may review and consider the relevant business records of the applicant and the competence, experience, integrity, and financial ability of any person who is a member, partner, director, officer, or twenty-five percent or more shareholder of the business. If the director finds that the financial responsibility, financial condition, business experience, character, and general fitness of the applicant reasonably warrant the belief that the business will be conducted lawfully and fairly, the director may grant a license based on the findings.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

SL 1998, ch 280, § 8; SL 2005, ch 258, § 3.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
South Dakota § 54-4-43, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/54-4-43.