<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.sb0b6bec6-e1e6-40fb-b464-0985336e5587P0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.sb0b6bec6-e1e6-40fb-b464-0985336e5587C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sb0b6bec6-e1e6-40fb-b464-0985336e5587000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000003 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:09"><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000000">20:69:06:09</span></a><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000001">.  Certain acts prohibited.</span><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0"> Prohibited acts</span><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0"> by an auctioneer</span><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0"> include the following:</span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587000002"> </span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">    (1)  Knowingly receiving or using a rafter bid, puffing of a bid, or any type of bid rigging such as utilizing the services of a shill;</span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587000002"> </span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">    (2)  </span><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">Knowingly permitting an unlicensed individual to call or take bids in an auction sale; or</span><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0"> </span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587000002"> </span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">    (</span><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">3</span><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">)  Knowingly misleading or creating a false impression among the seller, buyer, or bidders in the advertising, conduct, and closing of an auction.</span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587000002"> </span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">    </span><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000001">Source:</span><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0"> 5 SDR 12, effective August 14, 1978; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from § 20:56:12:24, 20 SDR 18, effective August 16, 1993; 37 SDR 112, effective December 8, 2010; 47 SDR 37, effective October 5, 2020</span><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">; 50 SDR 19, effective August 30, 2023</span><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">.</span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">    </span><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000001">General Authority:</span><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-89"><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000003">36-21A-89</span></a><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">(</span><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">5</span><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">).</span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">    </span><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000001">Law Implemented:</span><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-47"><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000003">36-21A-47</span></a><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-68"><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000003">36-21A-68</span></a><span class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">.</span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587000002"> </span></p></div></body></html>