Department of Labor and Regulation

Title - Banking

Money Transmitters — Exemptions from Licensure

South Dakota Codied Law (SDCL) Chapter 51A-17 exempts certain entities from the licensing requirements including, but not limited to, authorized delegates of a licensee who have a contract with a licensee, the U.S. government, the U.S. Postal Service, the state or any political subdivision, banks, credit unions, savings associations and bank holding companies.

 


Marcia Hultman, Secretary
700 Governors Drive
Pierre, SD 57501-2291
Tel. 605.773.3101
Fax. 605.773.6184