South Dakota Escrow Licensing Requirements

South Dakota Escrow license

Requirements for

South Dakota Escrow

Licenses

South Dakota Requires Escrow companies to be Licensed

South Dakota Escrow licensing: South Dakota requires companies to be licensed as an Escrow company. Companies must also still comply with federal, state and local laws. Other licenses or permits may be required depending on the nature of each particular business.

Certificate of Authority

With certain limited exceptions, a South Dakota Certificate of Authority is required if a company does business in South Dakota regardless of where the company is located.

A certificate of authority (also known as a certificate of registration) is a document that the State of South Dakota requires companies not incorporated in South Dakota to obtain before “transacting business” within the state borders of South Dakota .

License Fees

The filing fee for getting licensed as an Escrow company in South Dakota is: Call for a free quote.

The filing fee for a foreign limited liability company to register a South Dakota Certificate of Authority is $765.

The filing fee for a foreign corporation to register a South Dakota Certificate of Authority is $750.

Do you want to check on other states’ requirements for obtaining a New Escrow license? Click here.

Want to verify if an existing company is licensed in South Dakota as an Escrow company? Click here.