<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.se12e8c43-abd8-4584-b49b-1924f10e290dP0 { 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.se12e8c43-abd8-4584-b49b-1924f10e290dC0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.se12e8c43-abd8-4584-b49b-1924f10e290dC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.se12e8c43-abd8-4584-b49b-1924f10e290dC0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.se12e8c43-abd8-4584-b49b-1924f10e290dC0-000002 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.se12e8c43-abd8-4584-b49b-1924f10e290d000003 { 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="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:77:03:01"><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0-000000">20:77:03:01</span></a><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0-000001">.  Application for registration.</span><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0"> An appraisal management company desiring to provide appraisal management services in South Dakota shall apply in writing for a certificate of registration on a form approved by the secretary. An application is valid for 90 days. The secretary may extend the time for an application upon the written request of the applicant or to allow the applicant reasonable time to comply with the department's request for information or records. The registration fee prescribed in § </span><a href="https://sdlegislature.gov/Rules?Rule=20:77:04:01"><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0-000002">20:77:04:01</span></a><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0"> </span><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">must</span><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0"> accompany the application form. The application form </span><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">must</span><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0"> contain the following:</span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290d000003"> </span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">    (1)  Legal name and any trade or business name of the appraisal management company;</span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290d000003"> </span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">    (2)  Business contact information;</span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290d000003"> </span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">    (3)  Name and contact information of the designated officer and all other controlling persons;</span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290d000003"> </span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">    (4)  Name and contact information for any owner who has had an appraiser license or certificate refused, denied, cancelled, surrendered in lieu of revocation, or revoked in any state for substantive cause;</span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290d000003"> </span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">    (5)  Name and contact information for any person who owns more than ten percent of the appraisal management company;</span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290d000003"> </span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">    (</span><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">6</span><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">)  A signed irrevocable Uniform Consent to Service of Process;</span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290d000003"> </span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">    (</span><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">7</span><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">)  Name and contact information of each individual authorized by the appraisal management company to contract with clients or independent appraisers for performance of appraisals; and</span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290d000003"> </span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">    (</span><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">8</span><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">)  A</span><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0"> sworn declaration signed</span><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0"> by the applicant.</span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290d000003"> </span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">    Contact information includes, but is not limited to: </span><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">m</span><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">ailing and physical address, telephone and facsimile number, email, and website address.</span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290d000003"> </span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">    </span><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0-000001">Source:</span><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0"> 38 SDR 40, effective September 20, 2011; 45 SDR 45, effective October 8, 2018; 46 SDR 29, effective September 9, 2019</span><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">; 49 SDR 25, effective September 18, 2022</span><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">.</span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">    </span><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0-000001">General Authority:</span><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21D-4"><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0-000002">36-21D-4</span></a><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">(1)(4).</span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">    </span><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0-000001">Law Implemented:</span><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21D-1"><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0-000002">36-21D-1</span></a><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21D-4"><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0-000002">36-21D-4</span></a><span class="se12e8c43-abd8-4584-b49b-1924f10e290dC0">(1)(4).</span></p><p dir="ltr" class="se12e8c43-abd8-4584-b49b-1924f10e290dP0"><span xml:space="preserve" class="se12e8c43-abd8-4584-b49b-1924f10e290d000003"> </span></p></div></body></html>