The hub licensee may suspend or close any account at any time provided that when an account is closed, the hub licensee within five business days returns to the account holder all monies then on deposit by sending a check by certified mail with return receipt requested to the account holder’s last known principal residence address.

Source: 32 SDR 32, effective August 30, 2005.

General Authority: SDCL 42-7-56(15 )( 16).

Law Implemented: SDCL 42-7-56(15 )( 16), 42-7-58.1.