S.D. Codified Laws § 51A-17-91

Current through the 2024 Legislative Session
Section 51A-17-91 - Prohibition if unlicensed

A person shall not engage in the business of money transmission on behalf of a person not licensed under this chapter or not exempt pursuant to § 51A-17-53. A person that engages in such activity, provides money transmission to the same extent as if the person were a licensee, shall be jointly and severally liable with the unlicensed or nonexempt person.

SDCL 51A-17-91

SL 2024, ch 196, §40.
Added by S.L. 2024, ch. 196,s. 40, eff. 7/1/2024.