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Banking

Money Transmitters — Exemptions from Licensure

South Dakota Codified 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.