Trust Company Supervisory Fee Calculator - South Dakota

Trust Company Supervisory Fee Calculator - South Dakota

Trust Company Supervisory Fee Calculator is a legal document that was released by the South Dakota Department of Labor & Regulation - a government authority operating within South Dakota.

FAQ

Q: What is the Trust Company Supervisory Fee Calculator?A: The Trust Company Supervisory Fee Calculator is a tool used in South Dakota to calculate the supervisory fee for trust companies.

Q: Who uses the Trust Company Supervisory Fee Calculator?A: Trust companies in South Dakota use the Trust Company Supervisory Fee Calculator.

Q: What is the purpose of the supervisory fee?A: The supervisory fee is charged to cover the costs of regulating and supervising trust companies in South Dakota.

Q: How is the supervisory fee calculated?A: The supervisory fee is calculated based on the total assets under management by the trust company.

Q: Is the supervisory fee the same for all trust companies?A: No, the supervisory fee varies based on the size of the trust company's assets under management.

Q: Are there any exemptions or discounts for the supervisory fee?A: Yes, there are exemptions and discounts available for certain types of trust companies in South Dakota.

Q: What is the deadline for paying the supervisory fee?A: The deadline for paying the supervisory fee is typically July 1st of each year.

Q: Who is responsible for collecting the supervisory fee?A: The South Dakota Division of Banking is responsible for collecting the supervisory fee from trust companies.

Q: Are there any penalties for late payment of the supervisory fee?A: Yes, there may be penalties for late payment of the supervisory fee, as specified by the South Dakota Division of Banking.

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Form Details:

  • Released on March 1, 2019;
  • The latest edition currently provided by the South Dakota Department of Labor & Regulation;
  • Ready to use and print;
  • Easy to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the South Dakota Department of Labor & Regulation.

Download Trust Company Supervisory Fee Calculator - South Dakota

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