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.
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.
Form Details:
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.