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State of South Dakota
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SEVENTY-SIXTH
SESSION
LEGISLATIVE ASSEMBLY, 2001 |
| 400E0297 |
HOUSE BILL
NO.
1034
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| Introduced by: The Committee on Commerce at the request of the Department of Commerce and Regulation |
FOR AN ACT ENTITLED, An Act to
repeal an exemption from a requirement for real estate
licensee errors and omissions insurance.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 36-21A-123 be repealed.
36-21A-123.
If the Real Estate Commission is unable to obtain errors and omissions
insurance coverage to insure all licensees who choose to participate in the group program at a
reasonable premium not to exceed one hundred dollars, the errors and omissions insurance
requirement of this section does not apply during the year for which coverage cannot be
obtained.
450 copies of this document were printed by the South Dakota
Legislative Research Council at a cost of $.021 per page. . Insertions into existing statutes are indicated by underscores.
Deletions from existing statutes are indicated byoverstrikes.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 36-21A-123 be repealed.
Legislative Research Council at a cost of $.021 per page. . Insertions into existing statutes are indicated by underscores.
Deletions from existing statutes are indicated by
