The provided legal document content pertains to the granting of charters or branch authorizations by the banking commission under certain circumstances. These circumstances include when the director appoints the federal deposit insurance corporation as a receiver for a bank under their possession, and when the federal deposit insurance corporation sells the bank to another bank that purchases the assets and assumes the liabilities of the failed bank. In such cases, a charter or branch authorization may be necessary for the assuming bank due to the purchase and assumption.

The provided legal document outlines the requirements and regulations for special bank subsidiaries in South Dakota. It states that a special bank subsidiary must meet several criteria, including being adequately capitalized, physically separate and distinct from the parent bank, conducting business independently, and maintaining separate accounting procedures and corporate records. The application for operation of the subsidiary must be approved by the director. The document also mentions limitations on the amount of capital a bank can invest in special bank subsidiaries without written permission.

This legal document governs the authority of banks to purchase and hold cash value life insurance policies. Banks are allowed to purchase and hold an interest in cash value life insurance policies on the life of its key persons and borrowers. They can also purchase cash value life insurance in connection with benefit plans on employees, officers, and directors, subject to certain limitations. However, banks are prohibited from purchasing cash value life insurance if the insurable interest is primarily based on a key person’s status as a shareholder of the bank or bank holding company.

The provided legal document content pertains to money transmission licenses in South Dakota. It states that the annual renewal fee for any person licensed under SDCL chapter 51A-17 is eight hundred dollars. Additionally, it mentions that any person applying for an original license pursuant to SDCL chapter 51A-17 must include a nonrefundable application fee of five hundred dollars and an original license fee of one thousand dollars with the application. The document references various sources and effective dates for these fees.

The provided legal document content pertains to the establishment and termination of mobile branch banks in South Dakota. According to the document, banks are required to submit a letter of notice to the director at least 30 days before terminating an existing mobile branch bank. The letter should include a statement of the area that will no longer be served, the impact of discontinuance within the previously served area, and the reasons for termination.

The provided legal document content pertains to the Administrative Rules of South Dakota governing the Deadwood Gambling (Revenue) under the Gaming Commission. It prohibits commission members, officers, agents, or employees from receiving anything of value from licensees or applicants for a license. However, this prohibition does not apply to items of value that are distributed without charge to the general public. Violation of this prohibition may result in disciplinary action against licensees or the denial of an application for a license.

The provided legal document content pertains to the powers of the commission. According to the document, the commission has the authority to contract for legal counsel and pay the attorney’s fees and expenses as desired. The document references the Administrative Rules of South Dakota and specifically relates to the Gaming Commission and Deadwood Gambling (Revenue). The document does not mention any exemptions or penalties. Overall, it outlines the commission’s ability to seek legal counsel and incur related expenses.

The provided legal document outlines the process for petitioning the South Dakota Commission on Gaming for a declaratory ruling. It applies to any person who wishes to determine the general application of a statutory provision, rule, or order of the commission or executive secretary. However, it clarifies that a petition for declaratory ruling cannot be used in a contested case instead of a petition for hearing. The document provides the required format for the petition, including the identification and quotation of the relevant statute, rule, or order, as well as the facts and circumstances giving rise to the issue.

The provided legal document content pertains to the promulgation of rules related to the Gaming Commission and Deadwood gambling revenue. The documents govern the operations and regulations surrounding gambling activities in Deadwood, South Dakota. They apply to the Gaming Commission, which is responsible for overseeing and regulating gambling activities in the Deadwood area. The documents also apply to entities involved in Deadwood gambling revenue, such as casinos and gambling establishments. However, specific exemptions or penalties for non-compliance are not mentioned in the provided content.

The legal document outlines the process for applying for a support license in the context of gaming and gambling in Deadwood, South Dakota. If an application for a support license is denied by the executive secretary, the applicant has the right to appeal the denial in writing to the commission within 10 days of being notified of the denial. The appeal is considered a contested case and is subject to the provisions of SDCL chapter 1-26 and chapter 20:18:11.