South Dakota Codified Laws 51A-17-21. Limit of licensee’s liability
Current as of: 2023 | Check for updates
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A licensee’s responsibility to any person for a money transmission conducted on that person’s behalf by the licensee or the licensee’s authorized delegate is limited to the amount of money transmitted or the face amount of the payment instrument or stored value purchased.
Terms Used In South Dakota Codified Laws 51A-17-21
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
Source: SL 2008, ch 253, § 21.