§ 20:08:03:11

ARSD 20:08:03:11

Notice of net capital deficiency.

Effective Jul 1, 200430 SDR 211Source: 27 SDR 5, effective July 31, 2000; 30 SDR 211, effective July 1, 2004. | General Authority: SDCL 47-31B-605(a)(1). | Law Implemented: SDCL 47-31B-411(c).

A broker-dealer shall file with the director an immediate notice whenever the net capital of the broker-dealer is less than is required in § 20:08:03:04.

Source: 27 SDR 5, effective July 31, 2000; 30 SDR 211, effective July 1, 2004.

General Authority: SDCL 47-31B-605(a)(1).

Law Implemented: SDCL 47-31B-411(c).