- South Dakota is a disclosure jurisdiction.
- South Dakota accepts the Uniform Application to Register Securities (Form U1), and allows for electronic signature of forms.
- Registration requires filing or delivery of:
- Filing fee
- Application form
- Financial statement
- A Consent to Service of Process (Form U2)
- SEC Form 1-A with exhibits
- South Dakota collects a variable fee. This fee is based on the amount of securities to be offered in South Dakota. The minimum fee is $100.00. The maximum fee is $2,000.
- Fees should be made payable to the “South Dakota Division of Insurance.” Payment should be sent to the following address:
Mailing Address: | Courier Address: |
South Dakota Division of Insurance Division of Securities 124 S. Euclid Ave., Suite 104 Pierre, SD 57501-3185 |
South Dakota Division of Insurance Division of Securities 124 S. Euclid Ave., Suite 104 Pierre, SD 57501-3185 |
- For additional information, please visit the regulator’s website at http://dlr.sd.gov/securities/default.aspx or contact them at (605) 773-4823.