S.D. Codified Laws § 51A-17-26
Current with legislation signed by the governor on or before 3/6/2024
Before filing a request for approval to acquire control, a person may request in writing a determination from the director as to whether the person would be considered a person in control of a licensee upon consummation of a proposed transaction. If the director determines that the person would not be a person in control of a licensee, the director shall enter an order to that effect and the proposed person and transaction is not subject to the requirements of § 51A-17-23.
SDCL 51A-17-26