Section 37-25A-19 - Limitation of revocation, suspension, or denial proceeding. - South Dakota Statutes

37-25A-19. Limitation of revocation, suspension, or denial proceeding. The director of the Division of Securities may not institute a proceeding under § 37-25A-18 against an effective registration on the basis of a fact or transaction known to the director when the registration became effective unless the proceeding is instituted within the next thirty days.

Source: SL 1985, ch 305, § 19.