S.D. Admin. R. 12:82:02:11

Current through Register Vol. 51, page 34, September 9, 2024

Section 12:82:02:11 - Processor license approval - Processor license fee - License number - License non-transferable

An applicant for a processor license will be notified when the application has been approved or denied. Upon notification of approval of a processor license application, the applicant must remit to the Department a license fee in the amount of two thousand dollars. Upon approval and receipt of payment of a processor license fee, the licensee will be assigned a processor license number by the Department, and the processor license will be issued to the licensee.

The processor license number will not be duplicated or reassigned to any other licensee by the Department. Licensee will retain the same processor number for all subsequent licenses. Licenses are non-transferable.

S.D. Admin. R. 12:82:02:11

47 SDR 075, effective 12/28/2020; 49 SDR 047, effective 11/22/2022

General Authority: SDCL 38-35-11(1)(5).

Law Implemented: SDCL 38-35-7.