PocketLaw
Home
Catalog
Law Online
Teams
Our Free Mobile App
Money Transmission
Law
South Dakota Codified Laws
Banks and Banking
Money Transmission
Checkout our iOS App for a better way to browser and research.
Section
51A-17-1
Definition of terms.
Section
51A-17-2
Permissible investments defined.
Section
51A-17-3
Entities exempt from chapter.
Section
51A-17-4
License to engage in business of money transmission required.
Section
51A-17-5
Single license to conduct business at multiple locations--Authorized delegates.
Section
51A-17-6
Minimum net worth required.
Section
51A-17-7
Qualification to do business of corporate and noncorporate applicants and licensees.
Section
51A-17-8
Security device or deposit required.
Section
51A-17-9
Security after licensee ceases operations.
Section
51A-17-10
Investments required--Waiver by director.
Section
51A-17-11
Criminal history background check required .
Section
51A-17-12
Application for license--Form--Contents.
Section
51A-17-13
Corporate applicants--Additional requirements.
Section
51A-17-14
Noncorporate applicants--Additional requirements.
Section
51A-17-15
Waiver of license application requirements.
Section
51A-17-16
Application fee.
Section
51A-17-17
Applicant--Investigation by director.
Section
51A-17-18
Denial of application--Request for hearing.
Section
51A-17-19
Annual report and renewal fee.
Section
51A-17-20
Time for filing renewal application, report, and fee.
Section
51A-17-21
Limit of licensee's liability.
Section
51A-17-22
Written report of certain events required.
Section
51A-17-23
Notice of proposed change of control--Investigation--Approval of change.
Section
51A-17-24
Persons exempt from change of control requirements--Notice.
Section
51A-17-25
Public offering of securities exempt from change of control requirements.
Section
51A-17-26
Request for determination on change of control from director.
Section
51A-17-27
On-site examinations--Acceptance of report by other examining agency--Waiver with self-examination.
Section
51A-17-28
Request for financial data or on-site examination upon reasonable basis to believe licensee in noncompliance.
Section
51A-17-29
Records required and open to inspection.
Section
51A-17-30
Confidentiality of information--Exception.
Section
51A-17-31
Authorized delegate--Written contract required--Contents.
Section
51A-17-32
Standards of conduct of authorized delegate.
Section
51A-17-33
Funds received by authorized delegate constitute trust funds.
Section
51A-17-34
Report of theft or loss.
Section
51A-17-35
Suspension or revocation of license.
Section
51A-17-36
Suspension or revocation of authorized delegate designation.
Section
51A-17-37
Cease and desist order.
Section
51A-17-38
Administrative proceeding following cease and desist order.
Section
51A-17-39
Consent order.
Section
51A-17-40
Fine for violation of chapter or rule.
Section
51A-17-41
Intentional misrepresentations or omissions in records--Engaging in activity without required license--Felony.
Section
51A-17-42
Order to show cause--Temporary restraining order--Cease and desist order--Administrative proceeding--Judicial review.
Section
51A-17-43
Jurisdiction of the courts.
Section
51A-17-44
Repealed by SL 2012, ch 252, § 27.
Section
51A-17-45
Licenses not assignable.
Section
51A-17-46
Funds to be deposited with state treasurer and credited to banking special revenue fund.
Section
51A-17-47
Promulgation of rules.
Section
51A-17-48
Use of nationwide mortgage licensing system and registry as information channeling agent.
Section
51A-17-49
Collection and maintenance of records and processing of fees.
Section
51A-17-50
Confidentiality of information provided to nationwide mortgage licensing system and registry.