South Dakota § 54-4-43 - Investigation of facts concerning license application--Requirements for grant of license.
Full text of South Dakota South Dakota Codified Laws § 54-4-43 — Investigation of facts concerning license application--Requirements for grant of license., with citation guidance and answers to common questions.
§ 54-4-43. Investigation of facts concerning license application--Requirements for grant of license.
The director shall investigate the facts concerning the application. The director may review and consider the relevant business records of the applicant and the competence, experience, integrity, and financial ability of any person who is a member, partner, director, officer, or twenty-five percent or more shareholder of the business. If the director finds that the financial responsibility, financial condition, business experience, character, and general fitness of the applicant reasonably warrant the belief that the business will be conducted lawfully and fairly, the director may grant a license based on the findings.
Source: SL 1998, ch 280, § 8; SL 2005, ch 258, § 3.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 54-4-43
What does South Dakota Codified Laws § 54-4-43 cover?
Section 54-4-43 ("Investigation of facts concerning license application--Requirements for grant of license.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 54-4-43?
A common citation format is "South Dakota Codified Laws § 54-4-43" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 54-4-43 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.