All corporations must be licensed by the commission. In addition, each beneficial stockholder or member of the corporation must apply for an owner's license.
S.D. Admin. R. 20:04:21:20
General Authority: SDCL 42-7-56.
Law Implemented: SDCL 42-7-56(12), 42-7-67.
License fee schedule, § 20:04:29:13.