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 in a broker's trust account unless otherwise agreed to by the buyer and seller.
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 in a broker's trust account unless otherwise agreed to by the buyer and seller.
An Act to revise certain requirements pertaining to earnest money paid in a cooperative or cobrokerage real estate transaction.
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I certify that the attached Act originated in the
SENATE as Bill No. 26
____________________________
Secretary of the Senate ____________________________
President of the Senate
Attest:
____________________________
Secretary of the Senate
____________________________
Attest:
____________________________
Chief Clerk
Senate Bill No. 26 File No. ____ Chapter No. ______ |
Received at this Executive Office this _____ day of _____________ ,
20____ at ____________ M.
By _________________________
for the Governor
The attached Act is hereby
approved this ________ day of
______________ , A.D., 20___
____________________________
Governor STATE OF SOUTH DAKOTA, ss.
Office of the Secretary of State
Filed ____________ , 20___
____________________________ Secretary of State
By _________________________ |
