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Additional Assistance With Initiated Measure 21

All Southern Dakota cash lenders certified pursuant to your conditions of Southern Dakota Codified Law (SDCL) 54-4 have to conform to the conditions of Initiated Measure 21 (IM 21), which include a 36 per cent rate limitation. Find out more . . .

Initial Guidance on Initiated Measure 21

On Nov. 14, 2016, the Division of Banking additionally offered assistance with Initiated Measure 21. browse the initial guidance . . .

Find a directory of Initiated Measure 21 (IM 21) that was authorized by voters on Nov. 8, 2016 and associated guidance from the Division of Banking.

Kinds

The forms that are following obtainable in Adobe PDF format.

Exempt Lender Annual Reporting Form

Non-Profit Money Lender Registration Application

Non-Profit Money Lender Renewal Registration Application (Renewal period starts Nov. 1–Dec. 31.)

Declaration of cash Lending permit Activity (Renewal period starts Nov. 1–Dec. 31.)To allow you to prepare ahead of publishing the shape, be sure to use the Statement of income Lending License Activity Report Worksheet.

Take note: Any modifications to application information, such as for instance modification of target, contact person, ownership, etc. should be reported into the Division of Banking via an amendment in the application.

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