S.D. Codified Laws § 51A-17-76

Current through the 2024 Legislative Session

Section 51A-17-76 - Multistate licensing-Investigation

If an applicant for acquisition of control under § 51A-17-72 avails itself or is otherwise subject to a multistate licensing process:

(1) The director is authorized and encouraged to accept the investigation results of a lead investigative state for the purpose of § 51A-17-73 if the lead investigative state has sufficient staffing, expertise, and minimum standards; or

(2) If this state is a lead investigative state, the director is authorized and encouraged to investigate the applicant pursuant to § 51A-17-73 and the timeframes established by agreement through the multistate licensing process.

SDCL 51A-17-76

SL 2024, ch 196, §25.

Added by S.L. 2024, ch. 196,s. 25, eff. 7/1/2024.