<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.sc2ac508e-7dcb-4eae-806a-af3ca2be5631P0 { 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.sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sc2ac508e-7dcb-4eae-806a-af3ca2be5631000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000003 { 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="sc2ac508e-7dcb-4eae-806a-af3ca2be5631P0"><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=12:82:02:11"><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000000">12</span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000000">:</span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000000">82</span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000000">:</span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000000">02</span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000000">:</span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000000">11</span></a><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000001">.  Processor license approval -- </span><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000001">Processor license fee -- </span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000001">License number -- License non-transferable.</span><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0"> </span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">The department shall notify a processor license</span><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0"> applicant when the application has been approved or denied. </span><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">Upon notification of approval, the applicant shall remit to the department a license fee in the amount of two thousand dollars. </span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">Upon approval</span><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0"> and receipt of the processor license fee, the department shall assign the</span><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0"> licensee a processor license number </span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">and the processor license will be sent to the licensee.</span></p><p dir="ltr" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631P0"><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631000002"> </span></p><p dir="ltr" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631P0"><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">    The processor license number may </span><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">not be duplicated or reassigned to any other licensee by the department. </span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">A licensee shall</span><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0"> retain the same processor number for all subsequent licenses. Licenses are non-transferable.</span></p><p dir="ltr" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631P0"><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631000002"> </span></p><p dir="ltr" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631P0"><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">    </span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000001">Source:</span><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0"> </span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">47</span><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0"> SDR </span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">75</span><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">, effective </span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">December 28, 2020; 49 SDR 47, effective November 22, 2022</span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">.</span></p><p dir="ltr" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631P0"><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">    </span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000001">General Authority:</span><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=38-35-11"><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000003">38-35-11</span></a><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">(1).</span></p><p dir="ltr" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631P0"><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">    </span><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000001">Law Implemented:</span><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=38-35-7"><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0-000003">38-35-7</span></a><span class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631C0">.</span></p><p dir="ltr" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631P0"><span xml:space="preserve" class="sc2ac508e-7dcb-4eae-806a-af3ca2be5631000002"> </span></p></div></body></html>