<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.sc047011e-0522-4875-be3b-650b41532a62P0 { 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.sc047011e-0522-4875-be3b-650b41532a62C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sc047011e-0522-4875-be3b-650b41532a62C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sc047011e-0522-4875-be3b-650b41532a62C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sc047011e-0522-4875-be3b-650b41532a62C0-000002 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sc047011e-0522-4875-be3b-650b41532a62000003 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="sc047011e-0522-4875-be3b-650b41532a62P0"><span xml:space="preserve" class="sc047011e-0522-4875-be3b-650b41532a62C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=12:21:01:16"><span class="sc047011e-0522-4875-be3b-650b41532a62C0-000000">12:21:01:16</span></a><span class="sc047011e-0522-4875-be3b-650b41532a62C0-000001">.  Assignment of loans by participating lenders.</span><span xml:space="preserve" class="sc047011e-0522-4875-be3b-650b41532a62C0"> A participating lender may assign a loan in whole or in part</span><span class="sc047011e-0522-4875-be3b-650b41532a62C0">, the servicing of the loan, or both the loan and servicing,</span><span xml:space="preserve" class="sc047011e-0522-4875-be3b-650b41532a62C0"> to any regulated lender as defined in SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=54-3-14"><span class="sc047011e-0522-4875-be3b-650b41532a62C0-000002">54-3-14</span></a><span class="sc047011e-0522-4875-be3b-650b41532a62C0">. The authority must be notified in writing before assignment of servicing of the loan.</span></p><p dir="ltr" class="sc047011e-0522-4875-be3b-650b41532a62P0"><span xml:space="preserve" class="sc047011e-0522-4875-be3b-650b41532a62000003"> </span></p><p dir="ltr" class="sc047011e-0522-4875-be3b-650b41532a62P0"><span xml:space="preserve" class="sc047011e-0522-4875-be3b-650b41532a62C0">    </span><span class="sc047011e-0522-4875-be3b-650b41532a62C0-000001">Source:</span><span xml:space="preserve" class="sc047011e-0522-4875-be3b-650b41532a62C0"> 22 SDR 97, effective January 22, 1996</span><span class="sc047011e-0522-4875-be3b-650b41532a62C0">; 52 SDR 49, effective November 17, 2025</span><span class="sc047011e-0522-4875-be3b-650b41532a62C0">.</span></p><p dir="ltr" class="sc047011e-0522-4875-be3b-650b41532a62P0"><span xml:space="preserve" class="sc047011e-0522-4875-be3b-650b41532a62C0">    </span><span class="sc047011e-0522-4875-be3b-650b41532a62C0-000001">General Authority:</span><span xml:space="preserve" class="sc047011e-0522-4875-be3b-650b41532a62C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=1-16B-70"><span class="sc047011e-0522-4875-be3b-650b41532a62C0-000002">1-16B-70</span></a><span class="sc047011e-0522-4875-be3b-650b41532a62C0">.</span></p><p dir="ltr" class="sc047011e-0522-4875-be3b-650b41532a62P0"><span xml:space="preserve" class="sc047011e-0522-4875-be3b-650b41532a62C0">    </span><span class="sc047011e-0522-4875-be3b-650b41532a62C0-000001">Law Implemented:</span><span xml:space="preserve" class="sc047011e-0522-4875-be3b-650b41532a62C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=1-16B-57"><span class="sc047011e-0522-4875-be3b-650b41532a62C0-000002">1-16B-57</span></a><span xml:space="preserve" class="sc047011e-0522-4875-be3b-650b41532a62C0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=1-16B-58"><span class="sc047011e-0522-4875-be3b-650b41532a62C0-000002">1-16B-58</span></a><span class="sc047011e-0522-4875-be3b-650b41532a62C0">.</span></p><p dir="ltr" class="sc047011e-0522-4875-be3b-650b41532a62P0"><span xml:space="preserve" class="sc047011e-0522-4875-be3b-650b41532a62000003"> </span></p></div></body></html>