On November 29, 2023, the Financial Crimes Enforcement Network (FinCEN) issued a final rule extending the deadline for certain reporting companies to file their initial beneficial ownership information (BOI) reports under the U.S. Corporate Transparency Act (CTA). Reporting Companies created or registered in 2024 will have 90 calendar days from the date of receiving actual or public notice …
The application period is now open for the Spring 2024 SDTA Trust Industry Scholarship. Scholarship Amount: (1) – $3,000 and (2) – $1,500 Purpose: The South Dakota Trust Association Trust Industry Scholarship awards three (3) scholarships to college students to both promote the industry and offer students a window into the variety of career paths …
Spring 2024 SDTA Scholarship Application Period Open Read More »
The Division of Banking Industry Overview was part of the agenda materials for the Banking Commission meeting held April 19, 2023. The trust industry part of the report appears beginning on page 10 of the report. Access a PDF copy of the report using this link: PowerPoint Presentation: Division of Banking Industry Overview – 4.19.23
SD Trust Association Infographic
The Division of Banking Industry Overview was part of the agenda materials for the Banking Commission meeting held December 15, 2022. The trust industry part of the report appears beginning on page 10 of the report. Access a PDF copy of the report using this link: PowerPoint Presentation: Division of Banking Industry Overview
The bill being proposed by the Governor’s Trust Task Force has been posted. Here is a link to the bill. https://sdlegislature.gov/Session/Bill/24027/245592