ARSD 20:07:06:03. Additional examination and supervision fees

Any bank engaged in non-traditional banking services, including credit cards, rent-a-bin agreements, payday lending, or loan syndication, shall pay an additional semiannual fee of one cent per $1,000 on all assets, but not less than $500. Any bank operating under an enforcement action shall pay an additional semiannual fee of one cent per $1,000 of all assets, but not less than $500. Any bank requiring more than one examination in any calendar year shall pay the actual costs incurred by the division including salaries, travel expenses, and supplies. A bank has the right to a hearing before the commission for a review of an assessment of additional fees under this section.