20:14:03:04. Late renewal. If renewal of a credential is not accomplished within the period prescribed in § 20:14:03:03, the applicant may renew the credential within six months following its expiration by satisfying all of the requirements for renewal and paying the renewal fee prescribed in § 20:14:10:02 plus the applicable late renewal fee prescribed in § 20:14:10:04. The secretary may refuse to renew a credential if the applicant continues to perform real estate appraisal activities as defined in this article in this state following the expiration of the credential.
Source: 18 SDR 36, effective August 25, 1991; 20 SDR 9, effective August 1, 1993; 44 SDR 27, effective August 14, 2017.
General Authority: SDCL 36-21B-3.
Law Implemented: SDCL 36-21B-3.
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