<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fP0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5f000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000003 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fP0"><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:18:26:03"><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000000">20:18:26:03</span></a><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000001">.  Commission may limit license.</span><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0"> The commission may place conditions on the license of a financial institution conservator and may limit the amount of time the financial institution or conservator may hold the license. The limitations must contemplate the protection of the collateral and the business interests and provide for orderly disposition of the collateral and gaming business.</span></p><p dir="ltr" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fP0"><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5f000002"> </span></p><p dir="ltr" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fP0"><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">    </span><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000001">Source:</span><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0"> 16 SDR 233, effective July 1, 1990</span><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">; 50 SDR 145, effective June 11, 2024</span><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">.</span></p><p dir="ltr" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fP0"><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">    </span><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000001">General Authority:</span><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-7"><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000003">42-7B-7</span></a><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">.</span></p><p dir="ltr" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fP0"><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">    </span><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000001">Law Implemented:</span><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-2.1"><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000003">42-7B-2.1</span></a><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-3"><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000003">42-7B-3</span></a><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-7"><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000003">42-7B-7</span></a><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-11"><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000003">42-7B-11</span></a><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-18"><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000003">42-7B-18</span></a><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-19"><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000003">42-7B-19</span></a><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-21"><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000003">42-7B-21</span></a><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-22"><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000003">42-7B-22</span></a><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-23"><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000003">42-7B-23</span></a><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-24"><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000003">42-7B-24</span></a><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-25"><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000003">42-7B-25</span></a><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-33"><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000003">42-7B-33</span></a><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-37"><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000003">42-7B-37</span></a><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-38"><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0-000003">42-7B-38</span></a><span class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fC0">.</span></p><p dir="ltr" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5fP0"><span xml:space="preserve" class="sc3c1f1d8-c947-47bc-81fb-be4e5f2b4e5f000002"> </span></p></div></body></html>