|
State of South Dakota
|
|
EIGHTY-SEVENTH SESSION LEGISLATIVE ASSEMBLY, 2012 |
| 400T0181 | SENATE BILL NO. 26 |
|
Introduced by: The Committee on Commerce and Energy at the request of the Real Estate
Commission
|
FOR AN ACT ENTITLED, An Act to revise certain requirements pertaining to earnest money
paid in a cooperative or cobrokerage real estate transaction.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 36-21A-76 be amended to read as follows:
36-21A-76. Any earnest money paid in a cooperative or cobrokerage transaction shall be held inthe listing a broker's trust account unless otherwise agreed to by the buyer and seller.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 36-21A-76 be amended to read as follows:
36-21A-76. Any earnest money paid in a cooperative or cobrokerage transaction shall be held in
|
180 copies were printed on recycled paper by the South Dakota Legislative Research Council at a cost of $.063 per page. |
. |
Insertions into existing statutes are indicated by underscores. Deletions from existing statutes are indicated by |
