<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.sc2bf8764-e836-4b74-902f-fe846dd693a3P0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: center; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.sc2bf8764-e836-4b74-902f-fe846dd693a3C0 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sc2bf8764-e836-4b74-902f-fe846dd693a3000001 { color: #000000; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: left; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004 { 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="sc2bf8764-e836-4b74-902f-fe846dd693a3P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0">ARTICLE </span><a href="https://sdlegislature.gov/Rules?Rule=20:69"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000000">20:69</span></a></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3000001"> </span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0">REAL ESTATE BROKERS AND SALESPERSONS</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3000001"> </span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3000001"> </span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">Chapter</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:01"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Definitions.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:02"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:02</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            General rules.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:03</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Licensing and licenses.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:04"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:04</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Prelicensing education.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:05"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:05</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Disciplinary proceedings</span><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">, Repealed</span><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:06</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Real estate auctioneer licenses.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:07"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:07</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Condominiums.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:08"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:08</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Mortgage brokers.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:09"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:09</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Real estate appraisers, Repealed.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:10"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:10</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Standards of professional appraisal practice.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:11</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Postlicensing and continuing education.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:12"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:12</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Time-share estates.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:13"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:13</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Time-share agents.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:14"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:14</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Property managers.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:14.01"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:14.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">        Residential rental agents.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:15"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:15</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Errors and omissions insurance.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:16"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:16</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Disclosure.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:17"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:17</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Agreements.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:18"><span style="white-space: pre-wrap;" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000004">20:69:18</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3C0-000003">            Real estate teams.</span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3000001"> </span></p><p dir="ltr" class="sc2bf8764-e836-4b74-902f-fe846dd693a3P0-000002"><span style="white-space: pre-wrap;" xml:space="preserve" class="sc2bf8764-e836-4b74-902f-fe846dd693a3000001"> </span></p></div></body></html><br /><hr><br /><html> <head> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <title>Rule 20:69:01 DEFINITIONS</title> <META NAME="Keywords" Content="Administrative Rules 20:69:01"> <META NAME="Description" Content="Administrative Rules 20:69:01 DEFINITIONS"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p align=center><b>CHAPTER <a href="DisplayRule.aspx?Rule=20:69:01">20:69:01</a></b></p> <p align=center><b>DEFINITIONS</b></p> <p>Section</p> <p><a href="DisplayRule.aspx?Rule=20:69:01:01">20:69:01:01</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Definitions.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:01:01 Definitions.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:01:01"> <META NAME="Description" Content="Administrative Rules 20:69:01:01 Definitions."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:01:01.&nbsp;&nbsp;Definitions.</b> Words defined in SDCL chapter <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A">36-21A</A> have the same meaning when used in this article.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 3 SDR 34, effective November 3, 1976; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:01:01, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <title>Rule 20:69:02 GENERAL RULES</title> <META NAME="Keywords" Content="Administrative Rules 20:69:02"> <META NAME="Description" Content="Administrative Rules 20:69:02 GENERAL RULES"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p align=center><b>CHAPTER <a href="DisplayRule.aspx?Rule=20:69:02">20:69:02</a></b></p> <p align=center><b>GENERAL RULES</b></p> <p>Section</p> <p><a href="DisplayRule.aspx?Rule=20:69:02:01">20:69:02:01</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:69:02:02">20:69:02:02</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commission action.</p> <p><a href="DisplayRule.aspx?Rule=20:69:02:03">20:69:02:03</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Petition for declaratory ruling.</p> <p><a href="DisplayRule.aspx?Rule=20:69:02:04">20:69:02:04</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commission action on petition.</p> <p><a href="DisplayRule.aspx?Rule=20:69:02:05">20:69:02:05</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Number of copies of petition for declaratory ruling -- Electronic filing.</p> <p><a href="DisplayRule.aspx?Rule=20:69:02:06">20:69:02:06</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Number of copies of petition for promulgation of rule -- Electronic filing.</p> <p><a href="DisplayRule.aspx?Rule=20:69:02:07">20:69:02:07</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Petition for contested case hearing.</p> <p><a href="DisplayRule.aspx?Rule=20:69:02:08">20:69:02:08</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Petition for review of decision on contested case.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:02:01 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:02:01"> <META NAME="Description" Content="Administrative Rules 20:69:02:01 Repealed."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:02:01.&nbsp;&nbsp;Official office.</b>Repealed.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 7 SDR 31, effective October 6, 1980; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:02:01, 20 SDR 18, effective August 16, 1993; repealed, 24 SDR 172, effective June 16, 1998.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:02:02 Commission action.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:02:02"> <META NAME="Description" Content="Administrative Rules 20:69:02:02 Commission action."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:02:02.&nbsp;&nbsp;Commission action.</b> The commission may take any action by a mail ballot or by a conference telephone call. In case of a conference telephone call, the executive director shall participate in the call and take minutes of the commission action. In case of a mail ballot, the results of the mail ballot shall be included in the minutes. A mail ballot or conference telephone call is a meeting of the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 3 SDR 34, effective November 3, 1976; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:02:03.01, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-21">36-21A-21.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:02:03 Petition for declaratory ruling.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:02:03"> <META NAME="Description" Content="Administrative Rules 20:69:02:03 Petition for declaratory ruling."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:02:03.&nbsp;&nbsp;Petition for declaratory ruling.</b> Any person wishing the commission to issue its ruling as to the applicability to that person of a statutory provision, rule, or order of the commission may file a petition with the commission in substantially the following form:</p> <p align=center><b>State of South Dakota</b></p> <p align=center><b>South Dakota Real Estate Commission</b></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pursuant to the provisions of SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-26-15">1-26-15</A>, I, (name of petitioner), of (address of petitioner), am (title or capacity of petitioner), and do hereby petition the South Dakota Real Estate Commission for its declaratory ruling in regard to the following:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.&nbsp;&nbsp;The state statute or South Dakota Real Estate Commission rule or order in question is: (here identify and quote the pertinent statute, rule, or order);</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.&nbsp;&nbsp;The facts and circumstances which give rise to the issue to be answered by the commission's declaratory ruling are:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.&nbsp;&nbsp;The precise issue to be answered by the commission's declaratory ruling is:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dated at (city and state), this _____ day of __________ 20__.</p> <p align=right>_________________________</p> <p align=right>(Signature of petitioner)</p> <p align=right>&nbsp;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:07:01, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-26-15">1-26-15</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:02:04 Commission action on petition.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:02:04"> <META NAME="Description" Content="Administrative Rules 20:69:02:04 Commission action on petition."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:02:04.&nbsp;&nbsp;Commission action on petition.</b> Upon receipt of a petition for a declaratory ruling, the commission may request from the petitioner any other information it requires for the issuance of its ruling. Following the receipt of the petition, the commission shall issue its declaratory ruling and serve a copy of it by mail on the petitioner.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:07:02, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-26-15">1-26-15</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-26-25">1-26-25.</A></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:02:05 Number of copies of petition for declaratory ruling -- Electronic filing.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:02:05"> <META NAME="Description" Content="Administrative Rules 20:69:02:05 Number of copies of petition for declaratory ruling -- Electronic filing."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069020000500d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>1</o:TotalTime> <o:Created>2009-07-01T15:32:00Z</o:Created> <o:LastSaved>2009-07-01T15:32:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>152</o:Words> <o:Characters>871</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>7</o:Lines> <o:Paragraphs>2</o:Paragraphs> <o:CharactersWithSpaces>1021</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:02:05.&nbsp;&nbsp;Number of copies of petition for declaratory ruling -- Electronic filing.</b> A person filing a petition for declaratory ruling under this chapter shall file an original and seven copies with the commission. The executive director may reject any petition if it is not submitted with the required number of copies. However, the executive director may accept a petition for declaratory ruling in an electronic format if it is readily accessible by the commission and in a format that can be downloaded, printed, or otherwise maintained as a record for future reference. A petitioner who files a petition for declaratory ruling in electronic format, shall submit one copy of the original.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 3 SDR 34, effective November 3, 1976; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from &#167;&nbsp;20:56:07:03, 20 SDR 18, effective August 16, 1993; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(6).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-26-15">1-26-15</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:02:06 Number of copies of petition for promulgation of rule -- Electronic filing.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:02:06"> <META NAME="Description" Content="Administrative Rules 20:69:02:06 Number of copies of petition for promulgation of rule -- Electronic filing."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069020000600d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2009-07-01T15:32:00Z</o:Created> <o:LastSaved>2009-07-01T15:32:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>155</o:Words> <o:Characters>887</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>7</o:Lines> <o:Paragraphs>2</o:Paragraphs> <o:CharactersWithSpaces>1040</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:02:06.&nbsp;&nbsp;Number of copies of petition for promulgation of rule -- Electronic filing. </b>A person filing a petition for the initiation, repeal, or amendment of a rule must file an original and seven copies with the commission. The executive director may reject any petition if it is not submitted with the required number of copies. However, the executive director may accept a petition in an electronic format that is readily accessible by the commission and in a format if it can be downloaded, printed, or otherwise maintained as a record for future reference. A petitioner who files a petition in electronic format, shall submit one copy of the original. <o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 3 SDR 34, effective November 3, 1976; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from &#167;&nbsp;&nbsp;20:56:08:03, 20 SDR 18, effective August 16, 1993; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(6).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-26-13">1-26-13</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Cross-Reference:</b> Petition for rules, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-26-13">1-26-13.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:02:07 Petition for contested case hearing.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:02:07"> <META NAME="Description" Content="Administrative Rules 20:69:02:07 Petition for contested case hearing."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:02:07.&nbsp;&nbsp;Petition for contested case hearing.</b> A person aggrieved by any action of the commission taken without a hearing may, within 30 days following the date of the commission action, petition the commission for a hearing to be held at a time and place established by the commission. The hearing is a contested case.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 5 SDR 21, effective September 21, 1978; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:09:01, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-26-16">1-26-16</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-26-18">1-26-18.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-Reference:</b> Procedure to follow in contested cases, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-26-16">1-26-16</A> to <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-26-29">1-26-29.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:02:08 Petition for review of decision on contested case.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:02:08"> <META NAME="Description" Content="Administrative Rules 20:69:02:08 Petition for review of decision on contested case."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:02:08.&nbsp;&nbsp;Petition for review of decision on contested case.</b> Within 10 days after receipt of the commission's decision, a party to the hearing may file a petition with the commission for review of its decision. The commission, in its discretion, may deny the petition, order a rehearing, or direct any other proceedings it considers appropriate. Upon rehearing or other proceedings, the commission may affirm, reverse, or modify its earlier decision. Notice of the commission's decision on the petition to review shall be served by mail on the petitioner and other affected parties.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 5 SDR 21, effective September 21, 1978; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:09:06, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-26-18">1-26-18</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-26-25">1-26-25.</A></p> </div> </body> </html> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: center; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sdf88bc92-3eab-49d1-badb-39d5e8de2e68000001 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002 { 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.sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000005 { margin-top: 0; margin-bottom: 0; margin-left: 1.30in; margin-right: 0; text-indent: -1.30in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } </style></head><body><div><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0">CHAPTER </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:03"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000000">20:69:03</span></a></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68000001"> </span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0">LICENSING AND LICENSES</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68000001"> </span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68000001"> </span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">Section</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:01"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Application for license by examination.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:02"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:02</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Proof of education to accompany application.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:02.01"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:02.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">    Proof of passing score to accompany application.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:03"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:03</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Repealed.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:04"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:04</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Authority to take examination.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:04.01"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:04.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">    Registering for examination.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:05"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:05</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Failure to appear for examination.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:06"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:06</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Administration of examination.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:06.01"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:06.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">    Testing service.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:07"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:07</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Passing score on licensing examination.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:08"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:08</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Cheating on examination.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:09"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:09</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Reinstatement of licensees discharged from armed forces.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:10"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:10</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Application fee -- Brokers and salespersons.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:11"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:11</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Repealed.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:12"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:12</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Application fee -- Firm license.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000005"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:12.01"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:12.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">    Registration fee -- Broker or associate licensee business corporation or limited liability company.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:13"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:13</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Biennial renewal fee -- Broker.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:14"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:14</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Biennial renewal fee -- Salesperson.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:15"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:15</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Biennial renewal fee -- Firm.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:16"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:16</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Office management.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:17"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:17</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Commission split -- Out-of-state.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:18"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:18</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Transferred.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:19"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:19</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Advance compensation.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:20"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:20</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Rep</span><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">eal</span><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">ed.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:21"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:21</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        </span><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">Repealed</span><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:22"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:22</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Nonresident licensee as applicant -- Certificate of licensure required.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000005"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:22.01"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:22.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">    Nonresident licensee -- Renewal of license on active status -- Certificate of licensure required.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:23"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:23</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Supervising broker to be licensed in South Dakota.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000005"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:24"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:24</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        South Dakota resident licensed as salesperson by examination in another state -- Requirements for obtaining a broker associate license in South Dakota.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000005"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:25"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:25</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Nonresident salesperson licensed in South Dakota -- Time to qualify for broker associate upon establishing residency in state.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000005"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:26"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:26</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Fees -- Certification of licensure, additional license, duplicate license, and transfer of license.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000005"><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:27"><span style="white-space: pre-wrap;" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000004">20:69:03:27</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68C0-000003">        Late renewal fee.</span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68000001"> </span></p><p dir="ltr" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68P0-000002"><span style="white-space: pre-wrap;" xml:space="preserve" class="sdf88bc92-3eab-49d1-badb-39d5e8de2e68000001"> </span></p></div></body></html><br /><hr><br /><html> <head> <title>Rule 20:69:03:01 Application for license by examination.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:01"> <META NAME="Description" Content="Administrative Rules 20:69:03:01 Application for license by examination."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:01.&nbsp;&nbsp;Application for license by examination.</b> An applicant for license by examination shall file an application with the commission on a form provided by the commission within 60 days after the date of notice of having passed the examination. The application shall be accompanied by the fee prescribed by §&nbsp;20:69:03:10.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, § 1; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:03:01, 20 SDR 18, effective August 16, 1993; 24 SDR 172, effective June 16, 1998.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(1).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-35">36-21A-35.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:02 Proof of education to accompany application.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:02"> <META NAME="Description" Content="Administrative Rules 20:69:03:02 Proof of education to accompany application."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:02.</b> <b>Proof of education to accompany application.</b> An applicant for a license by examination shall submit proof that the applicant successfully completed the required education within the two years before the date of application.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 20 SDR 18, effective August 16, 1993; 24 SDR 172, effective June 16, 1998; 30 SDR 40, effective September 30, 2003.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:02.01 Proof of passing score to accompany application.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:02.01"> <META NAME="Description" Content="Administrative Rules 20:69:03:02.01 Proof of passing score to accompany application."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:02.01.&nbsp;&nbsp;Proof of passing score to accompany application.</b> An applicant for license by examination shall submit proof that the applicant successfully completed the licensing examination.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 24 SDR 172, effective June 16, 1998.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(1).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-41">36-21A-41.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:03 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:03"> <META NAME="Description" Content="Administrative Rules 20:69:03:03 Repealed."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:03.&nbsp;&nbsp;Photograph to accompany application.</b>Repealed.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:03:02, 20 SDR 18, effective August 16, 1993; repealed, 26 SDR 41, effective September 29, 1999.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:04 Authority to take examination.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:04"> <META NAME="Description" Content="Administrative Rules 20:69:03:04 Authority to take examination."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:04.&nbsp;&nbsp;Authority to take examination.</b> A person may not take the real estate examination unless the person has completed the prescribed prerequisite education and registered to take the examination.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:03:06, 20 SDR 18, effective August 16, 1993; 24 SDR 172, effective June 16, 1998; 30 SDR 40, effective September 30, 2003.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(2).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-36">36-21A-36</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-41">36-21A-41.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:04.01 Registering for examination.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:04.01"> <META NAME="Description" Content="Administrative Rules 20:69:03:04.01 Registering for examination."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:04.01.&nbsp;&nbsp;Registering for examination.</b> A person registering to take the real estate examination must complete the prerequisite education before submitting the registration.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 24 SDR 172, effective June 16, 1998.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(1).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-36">36-21A-36</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-41">36-21A-41.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:05 Failure to appear for examination.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:05"> <META NAME="Description" Content="Administrative Rules 20:69:03:05 Failure to appear for examination."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:05.&nbsp;&nbsp;Failure to appear for examination.</b> A person registered to take an examination must appear in person to take the examination as scheduled. If the person fails to do so, the person forfeits the examination fee and must register again to take the examination.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 2 SDR 7, effective July 30, 1975; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:03:07, 20 SDR 18, effective August 16, 1993; 24 SDR 172, effective June 16, 1998.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(1).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-36">36-21A-36</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-41">36-21A-41.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:06 Administration of examination.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:06"> <META NAME="Description" Content="Administrative Rules 20:69:03:06 Administration of examination."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:06.&nbsp;&nbsp;Administration of examination.</b> The licensing examination shall be conducted under the supervision of the executive director of the commission. The examiner shall require identification supplied to the registered person by the commission for admission to the examination room. Before beginning the examination, the person must state in writing that the person has not solicited or received any information concerning the contents of the examination about to be written and during or subsequent to the examination will not disclose its contents.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:03:08, 20 SDR 18, effective August 16, 1993; 24 SDR 172, effective June 16, 1998.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(1).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-36">36-21A-36.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:06.01 Testing service.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:06.01"> <META NAME="Description" Content="Administrative Rules 20:69:03:06.01 Testing service."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:06.01.&nbsp;&nbsp;Testing service.</b> The commission may negotiate an agreement with a testing service for examination development, administration, scoring, reporting, and analysis.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 24 SDR 172, effective June 16, 1998.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(1).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-36">36-21A-36.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:07 Passing score on licensing examination.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:07"> <META NAME="Description" Content="Administrative Rules 20:69:03:07 Passing score on licensing examination."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:07.&nbsp;&nbsp;Passing score on licensing examination.</b> The passing score on the licensing examinations is 75.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 7 SDR 31, effective October 6, 1980; 10 SDR 54, effective December 5, 1983; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:03:08.01, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-36">36-21A-36</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-41">36-21A-41.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:08 Cheating on examination.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:08"> <META NAME="Description" Content="Administrative Rules 20:69:03:08 Cheating on examination."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:08.&nbsp;&nbsp;Cheating on examination.</b> The examination of any person who is caught cheating during an examination is void.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:03:09, 20 SDR 18, effective August 16, 1993; 24 SDR 172, effective June 16, 1998.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(1).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-36">36-21A-36</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-41">36-21A-41.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:09 Reinstatement of licensees discharged from armed forces.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:09"> <META NAME="Description" Content="Administrative Rules 20:69:03:09 Reinstatement of licensees discharged from armed forces."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:09.&nbsp;&nbsp;Reinstatement of licensees discharged from armed forces.</b> Application for reinstatement of a license by a former licensee discharged from the armed forces shall be made on forms provided by the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 10 SDR 54, effective December 5, 1983; repealed, 12 SDR 102, effective December 22, 1985; readopted, 18 SDR 101, effective December 17, 1991; transferred from §&nbsp;&nbsp;20:56:03:14, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-67">36-21A-67</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-67">36-21A-67.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:10 Application fee -- Brokers and salespersons.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:10"> <META NAME="Description" Content="Administrative Rules 20:69:03:10 Application fee -- Brokers and salespersons."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:10.&nbsp;&nbsp;Application fee -- Brokers and salespersons.</b> The application fee for brokers, including restricted brokers, and salespersons is $225.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 16 SDR 36, effective August 29, 1989; transferred from §&nbsp;20:56:03:20, 20 SDR 18, effective August 16, 1993; 24 SDR 172, effective June 16, 1998; 26 SDR 41, effective September 29, 1999; 29 SDR 48, effective October 10, 2002.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-49">36-21A-49.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-49">36-21A-49.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:11 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:11"> <META NAME="Description" Content="Administrative Rules 20:69:03:11 Repealed."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:11.&nbsp;&nbsp;Reapplication fee -- Brokers and salesmen.</b>Repealed.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; 16 SDR 36, effective August 29, 1989; transferred from §&nbsp;20:56:03:21, 20 SDR 18, effective August 16, 1993; repealed, 24 SDR 172, effective June 16, 1998.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:12 Application fee -- Firm license.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:12"> <META NAME="Description" Content="Administrative Rules 20:69:03:12 Application fee -- Firm license."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:12.&nbsp;&nbsp;Application fee -- Firm license.</b> The application fee for a firm license is $100.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 16 SDR 36, effective August 29, 1989; transferred from §&nbsp;20:56:03:22, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-38">36-21A-38.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-38">36-21A-38.</A></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:03:12.01 Registration fee -- Broker or associate licensee business corporation or limited liability company.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:12.01"> <META NAME="Description" Content="Administrative Rules 20:69:03:12.01 Registration fee -- Broker or associate licensee business corporation or limited liability company."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069030001201d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>1</o:TotalTime> <o:Created>2009-07-01T15:32:00Z</o:Created> <o:LastSaved>2009-07-01T15:32:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>59</o:Words> <o:Characters>338</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>2</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>396</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:03:12.01.&nbsp;&nbsp;Registration fee -- Broker or associate licensee business corporation or limited liability company.</b> The registration fee for a broker or an associate licensee business corporation or limited liability company is $100.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 28 SDR 28, effective September 2, 2001; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-46.1">36-21A-46.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-46.1">36-21A-46.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:13 Biennial renewal fee -- Broker.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:13"> <META NAME="Description" Content="Administrative Rules 20:69:03:13 Biennial renewal fee -- Broker."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:13.&nbsp;&nbsp;Biennial renewal fee -- Broker.</b> The biennial renewal fee for a broker's license, including restricted licenses, is $125.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 4 SDR 35, effective December 22, 1977; 7 SDR 31, effective October 6, 1980; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 13 SDR 31, effective September 23, 1986, effective January 1, 1988; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:03:23, 20 SDR 18, effective August 16, 1993; 24 SDR 172, effective June 16, 1998; 26 SDR 41, effective September 29, 1999; 29 SDR 48, effective October 10, 2002.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-61">36-21A-61.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-61">36-21A-61.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:14 Biennial renewal fee -- Salesperson.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:14"> <META NAME="Description" Content="Administrative Rules 20:69:03:14 Biennial renewal fee -- Salesperson."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:14.&nbsp;&nbsp;Biennial renewal fee -- Salesperson.</b> The biennial renewal fee for a salesperson's license is $125.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 4 SDR 35, effective December 22, 1977; 7 SDR 31, effective October 6, 1980; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 13 SDR 31, effective September 23, 1986, effective January 1, 1988; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:03:24, 20 SDR 18, effective August 16, 1993; 24 SDR 172, effective June 16, 1998; 26 SDR 41, effective September 29, 1999; 29 SDR 48, effective October 10, 2002.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-61">36-21A-61.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-61">36-21A-61.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:15 Biennial renewal fee -- Firm.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:15"> <META NAME="Description" Content="Administrative Rules 20:69:03:15 Biennial renewal fee -- Firm."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:15.&nbsp;&nbsp;Biennial renewal fee -- Firm.</b> The biennial renewal fee for a firm license is $125.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 13 SDR 31, effective September 23, 1986, effective January 1, 1988; 15 SDR 100, effective January 10, 1989; 16 SDR 36, effective August 29, 1989; transferred from §&nbsp;20:56:03:25, 20 SDR 18, effective August 16, 1993; 29 SDR 48, effective October 10, 2002.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-61">36-21A-61.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-61">36-21A-61.</A></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:03:16 Office management.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:16"> <META NAME="Description" Content="Administrative Rules 20:69:03:16 Office management."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069030001600d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2009-07-01T15:32:00Z</o:Created> <o:LastSaved>2009-07-01T15:32:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>49</o:Words> <o:Characters>285</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>2</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>333</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:03:16.&nbsp;&nbsp;Office management.</b> A broker may assign management responsibilities to a broker associate. However, a salesperson may not assume any management responsibilities.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 20 SDR 18, effective August 16, 1993; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(1).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-71">36-21A-71.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:03:17 Commission split -- Out-of-state.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:17"> <META NAME="Description" Content="Administrative Rules 20:69:03:17 Commission split -- Out-of-state."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069030001700d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>1</o:TotalTime> <o:Created>2009-07-01T15:32:00Z</o:Created> <o:LastSaved>2009-07-01T15:32:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>114</o:Words> <o:Characters>655</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>5</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>768</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:03:17.&nbsp;&nbsp;Commission split -- Out-of-state.</b> A licensed broker may divide or share a real estate commission with a licensed broker in another state if the latter does not carry on any of the negotiations in this state either by physically entering the state or by communicating with the broker electronically or through other media.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 3 SDR 34, effective November 3, 1976; transferred from &#167;&nbsp;20:56:14:01, 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 18 SDR 101, effective December 17, 1991; transferred from &#167;&nbsp;20:56:05:11.01, 20 SDR 18, effective August 16, 1993; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(3).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-54">36-21A-54.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:18 Transferred.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:18"> <META NAME="Description" Content="Administrative Rules 20:69:03:18 Transferred."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:18.&nbsp;&nbsp;Transferred to §§&nbsp;20:69:16:01 and 20:69:16:02.</b></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:03:19 Advance compensation.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:19"> <META NAME="Description" Content="Administrative Rules 20:69:03:19 Advance compensation."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069030001900d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>1</o:TotalTime> <o:Created>2010-12-09T19:41:00Z</o:Created> <o:LastSaved>2010-12-09T19:41:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>129</o:Words> <o:Characters>739</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>6</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>867</o:CharactersWithSpaces> <o:Version>10.6867</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:03:19.&nbsp;&nbsp;Advance compensation.</b> If an agency agreement provides for compensation for services for other than a sale or lease of an interest in real property, the licensee may collect compensation for those services before closing the sale or lease of the interest in the real property. If a client or customer agrees in writing to allow a broker to receive compensation for any agreed upon service before closing the sale or lease of an interest in real property, the compensation must be placed in the broker's trust account until performance of services has been consummated or terminated by written agreement from both parties.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 16 SDR 36, effective August 29, 1989; transferred from &#167;&nbsp;20:56:05:21.01, 20 SDR 18, effective August 16, 1993; 37 SDR 112, effective December 8, 2010.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-84">36-21A-84.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-84">36-21A-84.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:20 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:20"> <META NAME="Description" Content="Administrative Rules 20:69:03:20 Repealed."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 15 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:12.0pt; font-family:"Times",serif;} a:link, span.MsoHyperlink {color:blue; text-decoration:underline;} a:visited, span.MsoHyperlinkFollowed {color:purple; text-decoration:underline;} .MsoChpDefault {font-size:10.0pt; font-family:"Calibri",sans-serif;} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US link=blue vlink=purple> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><a name="OLE_LINK1"><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:20.&nbsp;&nbsp;Replacement of license -- License displayed.</b> </span></a><span style='font-family:"Times New Roman",serif'>Repealed</span><span style='font-family:"Times New Roman",serif'>.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 1 SDR 33, effective January 1, 1975; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; 18 SDR 101, effective December 17, 1991; transferred from &#167;&nbsp;20:56:12:20, 20 SDR 18, effective August 16, 1993; 35 SDR 305, effective July 1, 2009</span><span style='font-family:"Times New Roman",serif'>; 47 SDR 37, effective October 5, 2020</span><span style='font-family:"Times New Roman",serif'>.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.sf4a6736e-f2a7-4434-a113-b9074d42e401P0 { 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.sf4a6736e-f2a7-4434-a113-b9074d42e401C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sf4a6736e-f2a7-4434-a113-b9074d42e401C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sf4a6736e-f2a7-4434-a113-b9074d42e401C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sf4a6736e-f2a7-4434-a113-b9074d42e401000002 { 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="sf4a6736e-f2a7-4434-a113-b9074d42e401P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sf4a6736e-f2a7-4434-a113-b9074d42e401C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:21"><span style="white-space: pre-wrap;" class="sf4a6736e-f2a7-4434-a113-b9074d42e401C0-000000">20:69:03:21</span></a><span style="white-space: pre-wrap;" class="sf4a6736e-f2a7-4434-a113-b9074d42e401C0-000001">.  Reciprocal agreements.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sf4a6736e-f2a7-4434-a113-b9074d42e401C0"> </span><span style="white-space: pre-wrap;" class="sf4a6736e-f2a7-4434-a113-b9074d42e401C0">Repealed</span><span style="white-space: pre-wrap;" class="sf4a6736e-f2a7-4434-a113-b9074d42e401C0">.</span></p><p dir="ltr" class="sf4a6736e-f2a7-4434-a113-b9074d42e401P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sf4a6736e-f2a7-4434-a113-b9074d42e401000002"> </span></p><p dir="ltr" class="sf4a6736e-f2a7-4434-a113-b9074d42e401P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sf4a6736e-f2a7-4434-a113-b9074d42e401C0">    </span><span style="white-space: pre-wrap;" class="sf4a6736e-f2a7-4434-a113-b9074d42e401C0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sf4a6736e-f2a7-4434-a113-b9074d42e401C0"> 20 SDR 18, effective August 16, 1993</span><span style="white-space: pre-wrap;" class="sf4a6736e-f2a7-4434-a113-b9074d42e401C0">; 48 SDR 60, effective December 6, 2021</span><span style="white-space: pre-wrap;" class="sf4a6736e-f2a7-4434-a113-b9074d42e401C0">.</span></p><p dir="ltr" class="sf4a6736e-f2a7-4434-a113-b9074d42e401P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sf4a6736e-f2a7-4434-a113-b9074d42e401000002"> </span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eP0 { 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.sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sa4d6bf69-9722-43a5-b2c3-d1fb2725d33e000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0-000003 { 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="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:03:22"><span style="white-space: pre-wrap;" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0-000000">20:69:03:22</span></a><span style="white-space: pre-wrap;" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0-000001">.  Nonresident licensee as applicant -- Certificate of licensure required.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0"> A nonresident licensee who is an applicant for licensure in this state shall submit a certificate of licensure from the licensing agency of </span><span style="white-space: pre-wrap;" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0">the current</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0"> state in which the applicant holds </span><span style="white-space: pre-wrap;" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0">an active</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0"> license. The certificate of licensure shall be completed within 30 days before the date of application, stating that the applicant's license is on active status and in good standing and that no complaint is pending.</span></p><p dir="ltr" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33e000002"> </span></p><p dir="ltr" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0">    </span><span style="white-space: pre-wrap;" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0"> 20 SDR 18, effective August 16, 1993; 35 SDR 305, effective July 1, 2009</span><span style="white-space: pre-wrap;" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0">; 48 SDR 60, effective December 6, 2021</span><span style="white-space: pre-wrap;" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0">.</span></p><p dir="ltr" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0">    </span><span style="white-space: pre-wrap;" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0-000001">General Authority:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-54"><span style="white-space: pre-wrap;" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0-000003">36-21A-54</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-89"><span style="white-space: pre-wrap;" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0-000003">36-21A-89</span></a><span style="white-space: pre-wrap;" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0">(3).</span></p><p dir="ltr" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0">    </span><span style="white-space: pre-wrap;" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0-000001">Law Implemented:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-54"><span style="white-space: pre-wrap;" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0-000003">36-21A-54</span></a><span style="white-space: pre-wrap;" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eC0">.</span></p><p dir="ltr" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33eP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sa4d6bf69-9722-43a5-b2c3-d1fb2725d33e000002"> </span></p></div></body></html><br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:03:22.01 Nonresident licensee -- Renewal of license on active status -- Certificate of licensure required.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:22.01"> <META NAME="Description" Content="Administrative Rules 20:69:03:22.01 Nonresident licensee -- Renewal of license on active status -- Certificate of licensure required."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069030002201d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>2</o:TotalTime> <o:Created>2009-07-01T15:32:00Z</o:Created> <o:LastSaved>2009-07-01T15:32:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>118</o:Words> <o:Characters>673</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>5</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>790</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:03:22.01.&nbsp;&nbsp;Nonresident licensee -- Renewal of license on active status -- Certificate of licensure required.</b> A nonresident broker, broker associate or salesperson licensed in this state who renews the license on active status shall submit a certificate of licensure from the licensing agency of the state where the nonresident licensee maintains residency. The certificate of licensure shall be completed within 30 days before the date of filing the renewal application, stating the nonresident's license is on active status and in good standing and that no complaint is pending. The certificate of licensure must accompany the renewal form.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-54">36-21A-54</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(3).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-54">36-21A-54</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:23 Supervising broker to be licensed in South Dakota.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:23"> <META NAME="Description" Content="Administrative Rules 20:69:03:23 Supervising broker to be licensed in South Dakota."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:23.&nbsp;&nbsp;Supervising broker to be licensed in South Dakota.</b> A licensed nonresident salesperson or broker associate shall be associated with a licensed South Dakota broker or a nonresident broker licensed by the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 20 SDR 18, effective August 16, 1993; 26 SDR 41, effective September 29, 1999.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(3).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-54">36-21A-54.</A></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:03:24 South Dakota resident licensed as salesperson by examination in another state -- Requirements for obtaining a broker associate license in South Dakota.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:24"> <META NAME="Description" Content="Administrative Rules 20:69:03:24 South Dakota resident licensed as salesperson by examination in another state -- Requirements for obtaining a broker associate license in South Dakota."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069030002400d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>1</o:TotalTime> <o:Created>2009-07-01T15:32:00Z</o:Created> <o:LastSaved>2009-07-01T15:32:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>100</o:Words> <o:Characters>576</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>4</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>675</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:03:24.&nbsp;&nbsp;South Dakota resident licensed as salesperson by examination in another state -- Requirements for obtaining a broker associate license in South Dakota.</b> A South Dakota resident who receives a license as a salesperson by examination in another licensing jurisdiction must complete the education and examination requirements for a broker associate license pursuant to &#167;&nbsp;20:69:04:03 and SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-43">36-21A-43</A> before that person may receive a broker associate license in this state.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;text-justify:distribute-all-lines; tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 30 SDR 40, effective September 30, 2003; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(2).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(2).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:03:25 Nonresident salesperson licensed in South Dakota -- Time to qualify for broker associate license upon establishing residency in state.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:25"> <META NAME="Description" Content="Administrative Rules 20:69:03:25 Nonresident salesperson licensed in South Dakota -- Time to qualify for broker associate license upon establishing residency in state."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069030002500d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>1</o:TotalTime> <o:Created>2009-07-01T15:32:00Z</o:Created> <o:LastSaved>2009-07-01T15:32:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>102</o:Words> <o:Characters>583</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>4</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>684</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:03:25.&nbsp;&nbsp;Nonresident salesperson licensed in South Dakota -- Time to qualify for broker associate license upon establishing residency in state.</b> A nonresident salesperson licensed in this state, who establishes residency in South Dakota, shall complete the requirements for a broker associate license pursuant to SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34.2">36-21A-34.2</A> and §&nbsp;20:69:04:03 by the end of the current license term or place the license on inactive status. The commission may grant a reasonable exception to this rule.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 30 SDR 40, effective September 30, 2003; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(3)</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(3).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:03:26 Fees -- Certification of licensure, additional license, duplicate license, and transfer of license.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:26"> <META NAME="Description" Content="Administrative Rules 20:69:03:26 Fees -- Certification of licensure, additional license, duplicate license, and transfer of license."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 15 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:12.0pt; font-family:"Times",serif;} a:link, span.MsoHyperlink {color:blue; text-decoration:underline;} a:visited, span.MsoHyperlinkFollowed {color:purple; text-decoration:underline;} .MsoChpDefault {font-size:10.0pt;} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US link=blue vlink=purple> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:03:26.&nbsp;&nbsp;Fees -- Certification of licensure, additional license, duplicate license, and transfer of license.</b> Fees include the following:</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;For each certification of licensure, $15;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;For each additional license, a biennial fee of $30;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;For each license included in a statement of registration to change an office or place of business, $15;</span><span style='font-family:"Times New Roman",serif'> and</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;For each license included in a statement of registration to change association with a responsible broker, $15.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 34 SDR 323, effective July 3, 2008; 47 SDR 37, effective October 5, 2020.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-60">36-21A-60.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-60">36-21A-60.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:03:27 Late renewal fee.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:03:27"> <META NAME="Description" Content="Administrative Rules 20:69:03:27 Late renewal fee."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069030002700d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2008-07-03T14:14:00Z</o:Created> <o:LastSaved>2008-07-03T14:14:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>71</o:Words> <o:Characters>405</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>3</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>475</o:CharactersWithSpaces> <o:Version>10.6839</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:GrammarState>Clean</w:GrammarState> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-format:other; mso-font-pitch:variable; mso-font-signature:3 0 0 0 1 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} span.GramE {mso-style-name:""; mso-gram-e:yes;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="1026"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:03:27.<span class=GramE>&nbsp;&nbsp;Late</span> renewal fee.</b> Any licensee who files a late registration application and fee for renewal pursuant to SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-66">36-21A-66</A> shall pay a late fee based on the date the renewal application is filed, as follows:<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(1)&nbsp;&nbsp;December, $20;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(2)&nbsp;&nbsp;January, $40;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(3)&nbsp;&nbsp;February, $60;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(4)&nbsp;&nbsp;March, $80;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(5)&nbsp;&nbsp;April, $100;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(6)&nbsp;&nbsp;May, $120; and<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(7)&nbsp;&nbsp;June, $140.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 34 SDR 323, effective July 3, 2008.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-66">36-21A-66.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-66">36-21A-66.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <title>Rule 20:69:04 PRELICENSING EDUCATION</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04"> <META NAME="Description" Content="Administrative Rules 20:69:04 PRELICENSING EDUCATION"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p align=center><b>CHAPTER <a href="DisplayRule.aspx?Rule=20:69:04">20:69:04</a></b></p> <p align=center><b>PRELICENSING EDUCATION</b></p> <p>Section</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:01">20:69:04:01</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Application for approval of classroom instruction.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:01.01">20:69:04:01.01</a>&nbsp;&nbsp; Certificate of approval.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:01.02">20:69:04:01.02</a>&nbsp;&nbsp; Criteria for approval of classroom instruction.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:02">20:69:04:02</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Contents of broker associate prelicensing course.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:03">20:69:04:03</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Contents of broker associate upgrade course.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:04">20:69:04:04</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Contents of responsible broker course.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:05">20:69:04:05</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Order of courses to be passed.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:06">20:69:04:06</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Conditions for credit for alternative courses.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:07">20:69:04:07</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Application for credit for alternative courses.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:08">20:69:04:08</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Qualifications for classroom instructor.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:08.01">20:69:04:08.01</a>&nbsp;&nbsp; Instructors.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:08.02">20:69:04:08.02</a>&nbsp;&nbsp; Application for approval of instructor -- Guest speakers exempt.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:08.03">20:69:04:08.03</a>&nbsp;&nbsp; Utilization of guest speakers -- Résumé to accompany course application.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:08.04">20:69:04:08.04</a>&nbsp;&nbsp; Certificate of instructor approval -- Approval certificates not issued to guest speakers.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:09">20:69:04:09</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Educational facilities.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:09.01">20:69:04:09.01</a>&nbsp;&nbsp; Instructional techniques.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:10">20:69:04:10</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Approval of classroom instruction, distance education, or independent study course.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:10.01">20:69:04:10.01</a>&nbsp;&nbsp; Auditing.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:11">20:69:04:11</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Withdrawal of approval for course or instructor.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:11.01">20:69:04:11.01</a>&nbsp;&nbsp; Denial of approval for course or instructor.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:12">20:69:04:12</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Withdrawal of approval for inactivity.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:13">20:69:04:13</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit for previously unapproved courses.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:14">20:69:04:14</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Classroom hour.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:15">20:69:04:15</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Length of course.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:16">20:69:04:16</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Examination.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:17">20:69:04:17</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reexamination.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:18">20:69:04:18</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Schedule.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:19">20:69:04:19</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prelicensing education certificate of attendance.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:20">20:69:04:20</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Course provider reporting requirements.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:21">20:69:04:21</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preregistration allowed -- Notice of cancellation required.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:22">20:69:04:22</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Application for approval of distance education or independent study course.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:23">20:69:04:23</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Additional requirements for distance education course offerings.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:24">20:69:04:24</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Distance education defined.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:25">20:69:04:25</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Independent study defined.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:26">20:69:04:26</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Standards for distance education.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:27">20:69:04:27</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Criteria for distance education or independent study course approval.</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:28">20:69:04:28</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Student certification required</p> <p><a href="DisplayRule.aspx?Rule=20:69:04:29">20:69:04:29</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Material change.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:01 Application for approval of classroom instruction.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:01"> <META NAME="Description" Content="Administrative Rules 20:69:04:01 Application for approval of classroom instruction."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:01.&nbsp;&nbsp;Application for approval of classroom instruction.</b> A course provider desiring to give approved classroom instruction to prospective real estate licensees shall apply on a form provided by the commission. The application must be filed with the commission at least 30 days before the course begins.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:04:01, 20 SDR 18, effective August 16, 1993; 26 SDR 41, effective September 29, 1999; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:01.01 Certificate of approval.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:01.01"> <META NAME="Description" Content="Administrative Rules 20:69:04:01.01 Certificate of approval."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:01.01.&nbsp;&nbsp;Certificate of approval.</b> The commission shall grant a certificate of approval for each course of study approved by the commission. The certificate is valid for three years.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 24 SDR 172, effective June 16, 1998.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:01.02 Criteria for approval of classroom instruction.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:01.02"> <META NAME="Description" Content="Administrative Rules 20:69:04:01.02 Criteria for approval of classroom instruction."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:01.02.&nbsp;&nbsp;Criteria for approval of classroom instruction.</b> The application form for approval of classroom instruction shall include the following information and enclosures:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Name, address, and telephone number of the course provider;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;The title of the course;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;A complete description or copies of all materials to be distributed to the participants;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;The date and exact location of each presentation of the course;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;The duration and time of the course;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)&nbsp;&nbsp;A comprehensive, detailed outline of the subject matter together with course objectives, the time sequence of each segment, the faculty for each segment, and the teaching technique used in each segment;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)&nbsp;&nbsp;The method of evaluation of the program;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8)&nbsp;&nbsp;The procedure for measuring attendance; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9)&nbsp;&nbsp;A description of the faculty, including name, professional educational background, and practical or teaching experience. A complete résumé may be furnished.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:04:02 Contents of broker associate prelicensing course.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:02"> <META NAME="Description" Content="Administrative Rules 20:69:04:02 Contents of broker associate prelicensing course."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069040000200d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>1</o:TotalTime> <o:Created>2009-07-01T15:32:00Z</o:Created> <o:LastSaved>2009-07-01T15:32:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>207</o:Words> <o:Characters>1184</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>9</o:Lines> <o:Paragraphs>2</o:Paragraphs> <o:CharactersWithSpaces>1389</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; 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mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:04:02.&nbsp;&nbsp;Contents of broker associate prelicensing course.</b> The broker associate prelicensing course shall provide for a minimum of 116 instructional hours in subject areas approved by the commission, including the following subject areas:<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(1)&nbsp;&nbsp;South Dakota real estate license law and rules;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(2)&nbsp;&nbsp;Characteristics and nature of real property;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(3)&nbsp;&nbsp;Agency;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(4)&nbsp;&nbsp;Listing property;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(5)&nbsp;&nbsp;Selling property;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(6)&nbsp;&nbsp;Contracts and contingencies;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(7)&nbsp;&nbsp;Property management;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(8)&nbsp;&nbsp;Finance;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(9)&nbsp;&nbsp;Settlement/transfer of ownership/closings;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(10)&nbsp;&nbsp;Federal laws, including the Fair Housing ACT, Real Estate Settlement Procedures Act, Sherman Antitrust Act, Americans with Disabilities Act, and Real Estate Settlement Procedures Act, and environmental regulations; and<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(11)&nbsp;&nbsp;Professional responsibilities and ethics.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>The course shall include practicum exercises and examinations in each area of study.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 2 SDR 7, effective July 30, 1975; transferred from &#167;&nbsp;20:56:04:19, 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 18 SDR 101, effective December 17, 1991; transferred from &#167;&nbsp;20:56:04:02.01, 20 SDR 18, effective August 16, 1993; 23 SDR 110, effective January 9, 1997; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:04:03 Contents of broker associate upgrade course.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:03"> <META NAME="Description" Content="Administrative Rules 20:69:04:03 Contents of broker associate upgrade course."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069040000300d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2009-07-01T15:32:00Z</o:Created> <o:LastSaved>2009-07-01T15:32:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>216</o:Words> <o:Characters>1232</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>10</o:Lines> <o:Paragraphs>2</o:Paragraphs> <o:CharactersWithSpaces>1446</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; 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mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:04:03.&nbsp;&nbsp;Contents of broker associate upgrade course.</b> The broker associate upgrade course for a licensed salesperson upgrading to the broker associate level shall provide for a minimum of 40 instructional hours in subject areas approved by the commission, including the following subject areas:<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(1)&nbsp;&nbsp;South Dakota real estate license law and rules;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(2)&nbsp;&nbsp;Simulation examination preparation;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(3)&nbsp;&nbsp;Contracts, trust accounting, and closings;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(4)&nbsp;&nbsp;Brokerage relationships;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(5)&nbsp;&nbsp;Federal laws, including the Fair Housing Act, Real Estate Settlement Procedures Act, Sherman Antitrust Act, and Americans with Disabilities Act;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(6)&nbsp;&nbsp;Professional responsibilities and ethics; and<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(7)&nbsp;&nbsp;A review of the principles and practices of real estate.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>Practicum exercises and experiences beyond the basic fundamentals of real estate principles and practices must be included in each area of study.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 2 SDR 7, effective July 30, 1975; transferred from &#167;&nbsp;20:56:04:20, 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from &#167;&nbsp;20:56:04:02.02, 20 SDR 18, effective August 16, 1993; 23 SDR 110, effective January 9, 1997; 29 SDR 66, effective November 14, 2002; 30 SDR 40, effective September 30, 2003; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34.1">36-21A-34.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34.1">36-21A-34.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0 { 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; 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margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:04:04"><span style="white-space: pre-wrap;" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0-000000">20:69:04:04</span></a><span style="white-space: pre-wrap;" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0-000001">.  Contents of responsible broker course.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0"> The responsible broker course is a course in brokerage. The course must be a minimum of </span><span style="white-space: pre-wrap;" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">24</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0"> hours long and contain a final examination</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0"> which demonstrates knowledge of the subject areas. The course must include the following subject areas:</span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6000002"> </span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">    (1)  </span><span style="white-space: pre-wrap;" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">Advertising compliance</span><span style="white-space: pre-wrap;" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">;</span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">    (2)  Brokerage best practices;</span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">    (3)  Business ethics;</span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">    (4)  Business and strategic planning;</span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">    (5)  Compensation planning;</span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">    (6)  Policy review and risk management;</span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">    (7)  State specific contracts;</span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">    (8)  Exit strategies, including selling and transferring of ownership;</span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">    (9)  Human resource essentials, including instruction on the differences between an employee and an independent contractor;</span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">    (10)  Legal issues; and</span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">    (11)  Trust accounting and finance.</span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6000002"> </span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">    </span><span style="white-space: pre-wrap;" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0"> 2 SDR 7, effective July 30, 1975; transferred from § 20:56:04:21, 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from § 20:56:04:02.03, 20 SDR 18, effective August 16, 1993; 23 SDR 110, effective January 9, 1997; 30 SDR 40, effective September 30, 2003; 35 SDR 305, effective July 1, 2009</span><span style="white-space: pre-wrap;" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">; 49 SDR 51, effective November 27, 2022</span><span style="white-space: pre-wrap;" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">.</span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">    </span><span style="white-space: pre-wrap;" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0-000001">General Authority:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-31"><span style="white-space: pre-wrap;" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0-000003">36-21A-31</span></a><span style="white-space: pre-wrap;" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">.</span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">    </span><span style="white-space: pre-wrap;" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0-000001">Law Implemented:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-31"><span style="white-space: pre-wrap;" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0-000003">36-21A-31</span></a><span style="white-space: pre-wrap;" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6C0">.</span></p><p dir="ltr" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1c6d4106-1833-43f3-ad61-ae3c2166c4c6000002"> </span></p></div></body></html><br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:04:05 Order of courses to be passed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:05"> <META NAME="Description" Content="Administrative Rules 20:69:04:05 Order of courses to be passed."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069040000500d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2009-07-01T15:32:00Z</o:Created> <o:LastSaved>2009-07-01T15:32:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>98</o:Words> <o:Characters>559</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>4</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>656</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:04:05.&nbsp;&nbsp;Order of courses to be passed.</b> The broker associate prelicensing course or broker upgrade course must be completed and passed before enrolling in the responsible broker course.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 2 SDR 7, effective July 30, 1975; 5 SDR 21, effective September 21, 1978; transferred from &#167;&nbsp;20:56:04:18, 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from &#167;&nbsp;20:56:04:02.04, 20 SDR 18, effective August 16, 1993; 30 SDR 40, effective September 30, 2003; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:04:06 Conditions for credit for alternative courses.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:06"> <META NAME="Description" Content="Administrative Rules 20:69:04:06 Conditions for credit for alternative courses."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069040000600d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2009-07-01T15:32:00Z</o:Created> <o:LastSaved>2009-07-01T15:32:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>177</o:Words> <o:Characters>1010</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>8</o:Lines> <o:Paragraphs>2</o:Paragraphs> <o:CharactersWithSpaces>1185</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:04:06.&nbsp;&nbsp;Conditions for credit for alternative courses.</b> A person may apply to the commission for credit for the broker associate prelicensing course, the broker upgrade course, or responsible broker course based on satisfactory completion of a similar real estate course at one of the following institutions:<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(1)&nbsp;&nbsp;A regionally accredited college or university;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(2)&nbsp;&nbsp;A regionally accredited vocational school; or<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(3)&nbsp;&nbsp;Courses in a prelicensing education school or institute in a state that has statutorily mandated prelicensing education.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>Satisfactory completion of a real estate course, for the purpose of this section, means attaining a passing grade in the course as determined by the instructor.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 2 SDR 7, effective July 30, 1975; transferred from &#167;&nbsp;20:56:04:22, 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from &#167;&nbsp;20:56:04:02.05, 20 SDR 18, effective August 16, 1993; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34.1">36-21A-34.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34.1">36-21A-34.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:07 Application for credit for alternative courses.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:07"> <META NAME="Description" Content="Administrative Rules 20:69:04:07 Application for credit for alternative courses."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:07.&nbsp;&nbsp;Application for credit for alternative courses.</b> An application for credit under §&nbsp;20:69:04:06 must be accompanied by an authenticated transcript from the college, university, vocational school, or prelicensing education school and a description of the course or courses completed.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 2 SDR 7, effective July 30, 1975; transferred from §&nbsp;20:56:04:23, 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:04:02.06, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:08 Qualifications for classroom instructor.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:08"> <META NAME="Description" Content="Administrative Rules 20:69:04:08 Qualifications for classroom instructor."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 14 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:11.0pt; font-family:"Calibri","sans-serif";} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:08.&nbsp;&nbsp;Qualifications for classroom instructor.</b> An applicant seeking commission approval to teach prelicensing education must furnish evidence satisfactory to the commission that the applicant has at least one of the following qualifications:</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;A bachelor's degree in the field in which the person is to teach;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;A valid teaching certificate or credential from South Dakota or another state authorizing the holder to teach in the field of instruction being offered;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;Five years of full-time experience in a professional trade or technical occupation in the applicable field; or</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;Any combination of at least five years of full-time applicable field experience and college level education.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In addition to meeting at least one of the qualifications in subdivisions (1) to (4), inclusive, an instructor seeking approval to provide instruction of the broker associate prelicensing course, broker associate upgrade course, or responsible broker course shall complete the responsible broker course prior to approval.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, &#167;&nbsp;1; 7 SDR 31, effective October 6, 1980; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from &#167;&nbsp;20:56:04:03, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001; 30 SDR 40, effective September 30, 2003; 35 SDR 305, effective July 1, 2009; 41 SDR 219, effective July 1, 2015.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:08.01 Instructors.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:08.01"> <META NAME="Description" Content="Administrative Rules 20:69:04:08.01 Instructors."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:08.01.&nbsp;&nbsp;Instructors.</b> No instructor may teach prelicensing courses unless approved, by name, by the commission. However, a guest speaker may teach a designated section of a prelicensing course pursuant to §&nbsp;20:69:04:08.03.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:08.02 Application for approval of instructor -- Guest speakers exempt.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:08.02"> <META NAME="Description" Content="Administrative Rules 20:69:04:08.02 Application for approval of instructor -- Guest speakers exempt."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:08.02.&nbsp;&nbsp;Application for approval of instructor -- Guest speakers exempt.</b> An applicant for instructor approval shall apply on a form provided by the commission. A guest speaker is exempt from making application if requesting approval pursuant to §&nbsp;20:69:04:08.03.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:08.03 Utilization of guest speakers -- Résumé to accompany course application.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:08.03"> <META NAME="Description" Content="Administrative Rules 20:69:04:08.03 Utilization of guest speakers -- Résumé to accompany course application."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:08.03.&nbsp;&nbsp;Utilization of guest speakers -- Résumé to accompany course application.</b> A course provider may utilize guest speakers with expertise in a particular area in any approved course if an approved instructor is present at the time of the presentation. A course provider may utilize a guest speaker without an approved instructor present with the prior written approval of the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; An application for approval of a course utilizing guest speakers must include a résumé of each speaker.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:08.04 Certificate of instructor approval -- Approval certificates not issued to guest speakers.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:08.04"> <META NAME="Description" Content="Administrative Rules 20:69:04:08.04 Certificate of instructor approval -- Approval certificates not issued to guest speakers."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:08.04.&nbsp;&nbsp;Certificate of instructor approval -- Approval certificates not issued to guest speakers.</b> The commission shall grant a certificate of approval for each instructor approved by the commission. Certificates of approval will not be issued to guest speakers who make application pursuant to §&nbsp;20:69:04:08.03.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:09 Educational facilities.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:09"> <META NAME="Description" Content="Administrative Rules 20:69:04:09 Educational facilities."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:09.&nbsp;&nbsp;Educational facilities.</b> An approved course of instruction must have the classrooms and other facilities and personnel necessary to implement the program as determined by the real estate commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:04:04, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4)</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:09.01 Instructional techniques.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:09.01"> <META NAME="Description" Content="Administrative Rules 20:69:04:09.01 Instructional techniques."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:09.01.&nbsp;&nbsp;Instructional techniques.</b> Classroom courses must be presented to students through interactive instructional techniques. Interactive instruction includes providing a student the opportunity for immediate exchange with an instructor in a classroom setting and immediate assessment and remediation through computer assisted or other audio or audiovisual interactive instruction. An instructor may not provide instruction primarily by having students read text material, listen to audio tapes, watch video tapes or films, or study questions similar to those on the state licensing examinations.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 26 SDR 41, effective September 29, 1999; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:10 Approval of classroom instruction, distance education, or independent study course.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:10"> <META NAME="Description" Content="Administrative Rules 20:69:04:10 Approval of classroom instruction, distance education, or independent study course."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:10.&nbsp;&nbsp;Approval of classroom instruction, distance education, or independent study course.</b> Prior to the contemplated date of opening, the commission shall notify the applicant in writing of its decision to grant or deny approval. No applicant may accept students without the commission's approval.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:04:05, 20 SDR 18, effective August 16, 1993; 26 SDR 41, effective September 29, 1999; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:10.01 Auditing.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:10.01"> <META NAME="Description" Content="Administrative Rules 20:69:04:10.01 Auditing."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:10.01.&nbsp;&nbsp;Auditing.</b> The commission may audit courses.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 24 SDR 172, effective June 16, 1998; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:11 Withdrawal of approval for course or instructor.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:11"> <META NAME="Description" Content="Administrative Rules 20:69:04:11 Withdrawal of approval for course or instructor."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:11.&nbsp;&nbsp;Withdrawal of approval for course or instructor.</b> If the commission at any time determines that a person or course approved pursuant to chapter 20:69:04 is not continuing to meet the requirements of SDCL chapter <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A">36-21A</A> and this chapter, it shall immediately notify the course provider in writing detailing the deficiencies requiring correction. The school's approval by the commission shall continue 90 days from the date of the commission's written notice to the course provider, and if, at the expiration of that period, the course provider has failed to correct to the commission's satisfaction the deficiencies noted, the commission may withdraw approval of the course or instructor.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If the commission disciplines an instructor who holds a real estate license for acts committed as a licensee, the commission may also withdraw that licensee's approval as an instructor.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:04:08, 20 SDR 18, effective August 16, 1993; 26 SDR 41, effective September 29, 1999; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-Reference:</b> Procedure to follow in licensing matters, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-26-16">1-26-16</A> to <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-26-19.1">1-26-19.1.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:11.01 Denial of approval for course or instructor.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:11.01"> <META NAME="Description" Content="Administrative Rules 20:69:04:11.01 Denial of approval for course or instructor."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:11.01.&nbsp;&nbsp;Denial of approval for course or instructor.</b> The commission may deny approval of a real estate course or instructor if it determines that either is not in compliance with SDCL chapter <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A">36-21A</A> and this article. Any person aggrieved by denial of approval by the commission may file a written request for a hearing pursuant to §&nbsp;20:69:02:07.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-Reference:</b> Procedure for a contested case, SDCL chapter <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-26">1-26.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:12 Withdrawal of approval for inactivity.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:12"> <META NAME="Description" Content="Administrative Rules 20:69:04:12 Withdrawal of approval for inactivity."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:12.&nbsp;&nbsp;Withdrawal of approval for inactivity.</b> The commission may withdraw its approval for any course that has not been offered for at least one year.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 7 SDR 31, effective October 6, 1980; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:04:08.01, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:13 Credit for previously unapproved courses.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:13"> <META NAME="Description" Content="Administrative Rules 20:69:04:13 Credit for previously unapproved courses."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:13.&nbsp;&nbsp;Credit for previously unapproved courses.</b> A person completing any course which has not received prior commission approval shall submit a complete list of the courses taken, the number of hours of study for each course, and the qualifications of the instructors and shall answer any additional questions which the commission may have. After review of the information, the commission may approve the course and give the applicant credit for meeting all or a portion of the educational requirements imposed by SDCL chapter <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A">36-21A.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; 18 SDR 101, effective December 17, 1991; transferred from §&nbsp;20:56:04:10, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001; 30 SDR 40, effective September 30, 2003.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:14 Classroom hour.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:14"> <META NAME="Description" Content="Administrative Rules 20:69:04:14 Classroom hour."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 14 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:11.0pt; font-family:"Calibri","sans-serif";} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:14.&nbsp;&nbsp;Classroom hour.</b> A classroom hour is a period of at least 50 minutes of actual classroom instruction out of each 60-minute segment. Additional study assignments are not counted as hours of classroom instruction.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 2 SDR 7, effective July 30, 1975; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from &#167;&nbsp;20:56:04:13, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001; 41 SDR 219, effective July 1, 2015.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:15 Length of course.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:15"> <META NAME="Description" Content="Administrative Rules 20:69:04:15 Length of course."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:15.&nbsp;&nbsp;Length of course.</b> No more than eight hours of instruction may be offered in one day.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 2 SDR 7, effective July 30, 1975; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:04:14, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:16 Examination.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:16"> <META NAME="Description" Content="Administrative Rules 20:69:04:16 Examination."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:16.&nbsp;&nbsp;Examination.</b> A final examination must be given in each course. A copy of the final examination and the answers must be filed with the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 2 SDR 7, effective July 30, 1975; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:04:15, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:17 Reexamination.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:17"> <META NAME="Description" Content="Administrative Rules 20:69:04:17 Reexamination."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:17.&nbsp;&nbsp;Reexamination.</b> A candidate for a license who fails the final examination of a prelicensing course may retake the examination without retaking the education.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 15 SDR 100, effective January 10, 1989; 18 SDR 101, effective December 17, 1991; transferred from §&nbsp;20:56:04:15.01, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(2).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:18 Schedule.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:18"> <META NAME="Description" Content="Administrative Rules 20:69:04:18 Schedule."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:18.&nbsp;&nbsp;Schedule.</b> A schedule of all courses offered, including the date, time, and place where they will be offered, must be furnished to the commission before the courses begin.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 2 SDR 7, effective July 30, 1975; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:04:16, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:19 Prelicensing education certificate of attendance.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:19"> <META NAME="Description" Content="Administrative Rules 20:69:04:19 Prelicensing education certificate of attendance."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:19.&nbsp;&nbsp;Prelicensing education certificate of attendance.</b> A course provider shall provide an individual certificate of attendance to each licensee upon completion of the prelicensing course under the following conditions. The certificate shall contain the licensee's name, the course title, the date, the location of the course, the number of approved credit hours, and the signature of the course provider or instructor. No certificate of attendance may be issued to a licensee who is absent for more than ten percent of the classroom hours.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:20 Course provider reporting requirements.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:20"> <META NAME="Description" Content="Administrative Rules 20:69:04:20 Course provider reporting requirements."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:20.&nbsp;&nbsp;Course provider reporting requirements.</b> The course provider shall submit a list of participants to the commission within ten days after completion of a course. The course provider shall provide a course evaluation form to each licensee for completion and submit the completed course evaluations to the commission within ten days after completion of a course.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:21 Preregistration allowed -- Notice of cancellation required.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:21"> <META NAME="Description" Content="Administrative Rules 20:69:04:21 Preregistration allowed -- Notice of cancellation required."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:21.&nbsp;&nbsp;Preregistration allowed -- Notice of cancellation required.</b> A course provider offering approved prelicensing education courses may require preregistration with a registration cutoff date. The requirement must be advertised prior to each course. A course provider must notify registrants if the course is cancelled. The notification must be made at least 48 hours before the time of the beginning of the course.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:22 Application for approval of distance education or independent study course.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:22"> <META NAME="Description" Content="Administrative Rules 20:69:04:22 Application for approval of distance education or independent study course."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:22.&nbsp;&nbsp;Application for approval of distance education or independent study course.</b> A course provider desiring to give approved independent study or distance education courses to prospective real estate licensees shall apply on a form provided by the commission. The application must be filed with the commission at least 30 days before the course is offered.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The application form shall include the following information and enclosures:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Name, address, and telephone number of the course provider;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Course title;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;The specific subject matter requirement met by the course;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;The names of any instructor who will be available to answer student questions, the means of contact, and the hours of availability;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;The overall structure, functioning, and administration of the proposed course;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)&nbsp;&nbsp;A complete list of all lessons, modules, and learning objectives for each;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)&nbsp;&nbsp;An explanation of the remediation process which is in effect to accomplish mastery of material when specific deficiencies are identified; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8)&nbsp;&nbsp;A description of the procedures used to ensure exam security.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001; 30 SDR 40, effective September 30, 2003.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:23 Additional requirements for distance education course offerings.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:23"> <META NAME="Description" Content="Administrative Rules 20:69:04:23 Additional requirements for distance education course offerings."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:23.&nbsp;&nbsp;Additional requirements for distance education course offerings.</b> In addition to the requirements of §&nbsp;20:69:04:21, an application for approval of a distance education course must include the following:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;A complete description of any hardware, software, or other technology to be used by the provider and needed by the student to effectively engage in the delivery and completion of the course material and an assessment of the availability and adequacy of the equipment, software, or other technologies to the achievement of the course's instructional claims; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;An explanation of how the course measures, documents, and records that the student has engaged in the required interactive exercises, achieved the required level of mastery, and spent the required amount of time completing the course and how the course provides protection against loss of student data due to hardware or software failure or against inadvertent loss by the student.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:24 Distance education defined.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:24"> <META NAME="Description" Content="Administrative Rules 20:69:04:24 Distance education defined."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:24.&nbsp;&nbsp;Distance education defined.</b> As used in this chapter, a distance education course is one in which instruction takes place in other than a traditional classroom setting, the instructor and student are in physically separate locations, and instructional methods include interactive video-based instruction, computer conferencing, interactive audio, interactive computer software, and internet-based instruction.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:25 Independent study defined.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:25"> <META NAME="Description" Content="Administrative Rules 20:69:04:25 Independent study defined."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:25.&nbsp;&nbsp;Independent study defined.</b> As used in this chapter, an independent study is a course in which no interaction with an instructor is planned or implied as part of the learning process.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:26 Standards for distance education.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:26"> <META NAME="Description" Content="Administrative Rules 20:69:04:26 Standards for distance education."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:26.&nbsp;&nbsp;Standards for distance education.</b> A distance education course must provide mastery of the material. The course must:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Divide the material into major learning units, each of which is further divided into modules of instruction;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Specify learning objectives for each learning unit or module of instruction. Learning objectives must be comprehensive enough to ensure that if all the objectives are met, the entire content of the course will be mastered;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;Specify an objective, quantitative criterion for mastery used for each learning objective and provide a structured learning method designed to enable students to attain each objective;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;Provide a means of diagnostic assessment of each student's performance on an ongoing basis during each module of instruction, including appropriate remediation if required; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;Require that the student demonstrate adequate comprehension of all material covered by the learning objectives for the module or unit before completing that module or unit.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:27 Criteria for distance education or independent study course approval.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:27"> <META NAME="Description" Content="Administrative Rules 20:69:04:27 Criteria for distance education or independent study course approval."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:27.&nbsp;&nbsp;Criteria for distance education or independent study course approval.</b> The commission may approve any prelicensing course that is provided by a public or private school, organization, person, corporation, society, or similar organization. The commission, when acting on an application for approval of a course, shall consider the following minimum criteria:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;The course provider must specify the learning objectives for each lesson and clearly demonstrate that the objectives cover the required subject matter. Objectives must be specific to ensure that all relative content is covered adequately to ensure mastery of the objectives;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;The course provider must demonstrate that the course includes the same or reasonably similar informational content as a course that would otherwise qualify for the requisite number of hours of classroom-based instruction, and that students must proceed through and demonstrate comprehension of all the material;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;If the course is a distance education course, it must include consistent and regular interactive events as appropriate to the medium. The interactive elements must be designed to promote student involvement in the learning process, and must directly support the student's achievement of the course's learning objectives. The course approval submission must identify the types of interactive events included in the course and specify how the interactive events contribute to the achievement of the stated learning objectives;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;The course must require that the student demonstrate mastery of the learning objectives as designated for each lesson in order to successfully complete the lesson. The course must provide a mechanism of individual remediation to correct any deficiencies identified during the instruction and assessment process. In independent study courses, this remediation may be accomplished by quizzes or other exercises with detailed rationales in the answer key provided to students;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;The course provider must measure, at regular intervals, the student's progress toward and completion of the mastery requirement of each lesson or module covering all the required subject matter. In the case of computer-based instruction, the course software must include automatic shutdown after a period of inactivity;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)&nbsp;&nbsp;The applicant must demonstrate that approved instructors are available to answer student questions regarding course content at reasonable times and by reasonable means, including in-person contact, individual and conference telephone calls, E-mail, and fax. Communication by written postal correspondence alone is insufficient to satisfy the requirements of this subdivision.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)&nbsp;&nbsp;The course provider shall provide reasonable security to ensure that the student who receives credit for the course is the student who enrolled in and completed the course. Both the school and the student must certify in writing that the student has successfully completed the course; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8)&nbsp;&nbsp;The course provider must require that the student pass a comprehensive exam of 100 multiple-choice questions with a minimum passing score of 80 percent.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.1">36-21A-30.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-34">36-21A-34</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:28 Student certification required.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:28"> <META NAME="Description" Content="Administrative Rules 20:69:04:28 Student certification required."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 14 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:11.0pt; font-family:"Calibri","sans-serif";} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:28.&nbsp;&nbsp;Student certification required.</b> Any school offering an approved distance education or independent study course must obtain from each student a statement attesting that all assignments and examinations completed are the work of the enrolled student.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001; 41 SDR 219, effective July 1, 2015.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:04:29 Material change.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:04:29"> <META NAME="Description" Content="Administrative Rules 20:69:04:29 Material change."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:04:29.&nbsp;&nbsp;Material change.</b> A course provider of an approved real estate course shall immediately notify the commission of any material change contained in the application for approval or in the attached exhibits. A course provider may seek approval of a course subsequent to a course offering by submitting all information requested.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(4).</A></p> </div> </body> </html> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.sbcee0eef-38b7-4bbe-955f-5bdeb2a6910dP0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: center; background: white; font-family: Times; font-size: 12pt; line-height: 108%; } span.sbcee0eef-38b7-4bbe-955f-5bdeb2a6910dC0 { color: #000000; background: white; font-family: Times; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sbcee0eef-38b7-4bbe-955f-5bdeb2a6910dC0-000000 { color: #0000FF; background: white; font-family: Times; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.sbcee0eef-38b7-4bbe-955f-5bdeb2a6910dP0-000001 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: center; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.sbcee0eef-38b7-4bbe-955f-5bdeb2a6910d000002 { color: #000000; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sbcee0eef-38b7-4bbe-955f-5bdeb2a6910dC0-000003 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sbcee0eef-38b7-4bbe-955f-5bdeb2a6910dC0-000004 { color: #000000; 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="sbcee0eef-38b7-4bbe-955f-5bdeb2a6910dP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sbcee0eef-38b7-4bbe-955f-5bdeb2a6910dC0">CHAPTER </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:05"><span style="white-space: pre-wrap;" class="sbcee0eef-38b7-4bbe-955f-5bdeb2a6910dC0-000000">20:69:05</span></a></p><p dir="ltr" class="sbcee0eef-38b7-4bbe-955f-5bdeb2a6910dP0-000001"><span style="white-space: pre-wrap;" xml:space="preserve" class="sbcee0eef-38b7-4bbe-955f-5bdeb2a6910d000002"> </span></p><p dir="ltr" class="sbcee0eef-38b7-4bbe-955f-5bdeb2a6910dP0-000001"><span style="white-space: pre-wrap;" class="sbcee0eef-38b7-4bbe-955f-5bdeb2a6910dC0-000003">REPEALED</span></p><p dir="ltr" class="sbcee0eef-38b7-4bbe-955f-5bdeb2a6910dP0-000001"><span style="white-space: pre-wrap;" xml:space="preserve" class="sbcee0eef-38b7-4bbe-955f-5bdeb2a6910d000002"> </span></p><p dir="ltr" class="sbcee0eef-38b7-4bbe-955f-5bdeb2a6910dP0-000001"><span style="white-space: pre-wrap;" class="sbcee0eef-38b7-4bbe-955f-5bdeb2a6910dC0-000004">(48 SDR 60, effective December 6, 2021)</span></p><p dir="ltr" class="sbcee0eef-38b7-4bbe-955f-5bdeb2a6910dP0-000001"><span style="white-space: pre-wrap;" xml:space="preserve" class="sbcee0eef-38b7-4bbe-955f-5bdeb2a6910d000002"> </span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.sdcd7413b-344f-4157-9f57-3f1130b9f193P0 { 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.sdcd7413b-344f-4157-9f57-3f1130b9f193C0 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sdcd7413b-344f-4157-9f57-3f1130b9f193C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sdcd7413b-344f-4157-9f57-3f1130b9f193C0-000001 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sdcd7413b-344f-4157-9f57-3f1130b9f193000002 { color: #000000; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="sdcd7413b-344f-4157-9f57-3f1130b9f193P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sdcd7413b-344f-4157-9f57-3f1130b9f193C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:05:01"><span style="white-space: pre-wrap;" class="sdcd7413b-344f-4157-9f57-3f1130b9f193C0-000000">20:69:05:01</span></a><span style="white-space: pre-wrap;" class="sdcd7413b-344f-4157-9f57-3f1130b9f193C0-000001">.  Complaints authorized -- Procedure following filing -- Electronic filing.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sdcd7413b-344f-4157-9f57-3f1130b9f193C0"> </span><span style="white-space: pre-wrap;" class="sdcd7413b-344f-4157-9f57-3f1130b9f193C0">Repealed</span><span style="white-space: pre-wrap;" class="sdcd7413b-344f-4157-9f57-3f1130b9f193C0">.</span></p><p dir="ltr" class="sdcd7413b-344f-4157-9f57-3f1130b9f193P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sdcd7413b-344f-4157-9f57-3f1130b9f193000002"> </span></p><p dir="ltr" class="sdcd7413b-344f-4157-9f57-3f1130b9f193P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sdcd7413b-344f-4157-9f57-3f1130b9f193C0">    </span><span style="white-space: pre-wrap;" class="sdcd7413b-344f-4157-9f57-3f1130b9f193C0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sdcd7413b-344f-4157-9f57-3f1130b9f193C0"> SL 1975, ch 16, § 1; 2 SDR 7, effective July 30, 1975; 3 SDR 34, effective November 3, 1976; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from § 20:56:06:01, 20 SDR 18, effective August 16, 1993; 35 SDR 305, effective July 1, 2009</span><span style="white-space: pre-wrap;" class="sdcd7413b-344f-4157-9f57-3f1130b9f193C0">; 44 SDR 71, effective October 24, 2017; 48 SDR 60, effective December 6, 2021</span><span style="white-space: pre-wrap;" class="sdcd7413b-344f-4157-9f57-3f1130b9f193C0">.</span></p><p dir="ltr" class="sdcd7413b-344f-4157-9f57-3f1130b9f193P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sdcd7413b-344f-4157-9f57-3f1130b9f193000002"> </span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.s7d91427f-8bf6-4485-a466-617f7513aa7fP0 { 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.s7d91427f-8bf6-4485-a466-617f7513aa7fC0 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s7d91427f-8bf6-4485-a466-617f7513aa7fC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s7d91427f-8bf6-4485-a466-617f7513aa7fC0-000001 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s7d91427f-8bf6-4485-a466-617f7513aa7f000002 { color: #000000; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s7d91427f-8bf6-4485-a466-617f7513aa7fP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7d91427f-8bf6-4485-a466-617f7513aa7fC0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:05:01.01"><span style="white-space: pre-wrap;" class="s7d91427f-8bf6-4485-a466-617f7513aa7fC0-000000">20:69</span><span style="white-space: pre-wrap;" class="s7d91427f-8bf6-4485-a466-617f7513aa7fC0-000000">:</span><span style="white-space: pre-wrap;" class="s7d91427f-8bf6-4485-a466-617f7513aa7fC0-000000">05</span><span style="white-space: pre-wrap;" class="s7d91427f-8bf6-4485-a466-617f7513aa7fC0-000000">:</span><span style="white-space: pre-wrap;" class="s7d91427f-8bf6-4485-a466-617f7513aa7fC0-000000">01.01</span></a><span style="white-space: pre-wrap;" class="s7d91427f-8bf6-4485-a466-617f7513aa7fC0-000001">.  Commission staff to investigate complaints.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s7d91427f-8bf6-4485-a466-617f7513aa7fC0"> </span><span style="white-space: pre-wrap;" class="s7d91427f-8bf6-4485-a466-617f7513aa7fC0">Repealed</span><span style="white-space: pre-wrap;" class="s7d91427f-8bf6-4485-a466-617f7513aa7fC0">.</span></p><p dir="ltr" class="s7d91427f-8bf6-4485-a466-617f7513aa7fP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7d91427f-8bf6-4485-a466-617f7513aa7f000002"> </span></p><p dir="ltr" class="s7d91427f-8bf6-4485-a466-617f7513aa7fP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7d91427f-8bf6-4485-a466-617f7513aa7fC0">    </span><span style="white-space: pre-wrap;" class="s7d91427f-8bf6-4485-a466-617f7513aa7fC0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s7d91427f-8bf6-4485-a466-617f7513aa7fC0"> 44 SDR 71, effective October 24, 2017</span><span style="white-space: pre-wrap;" class="s7d91427f-8bf6-4485-a466-617f7513aa7fC0">; 48 SDR 60, effective December 6, 2021</span><span style="white-space: pre-wrap;" class="s7d91427f-8bf6-4485-a466-617f7513aa7fC0">.</span></p><p dir="ltr" class="s7d91427f-8bf6-4485-a466-617f7513aa7fP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7d91427f-8bf6-4485-a466-617f7513aa7f000002"> </span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.sd772bf17-3115-4d9e-8d5a-ff30b7320eb1P0 { 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.sd772bf17-3115-4d9e-8d5a-ff30b7320eb1C0 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sd772bf17-3115-4d9e-8d5a-ff30b7320eb1C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sd772bf17-3115-4d9e-8d5a-ff30b7320eb1C0-000001 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sd772bf17-3115-4d9e-8d5a-ff30b7320eb1000002 { color: #000000; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:05:02"><span style="white-space: pre-wrap;" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1C0-000000">20:69:05:02</span></a><span style="white-space: pre-wrap;" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1C0-000001">.  Dismissal of complaint.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1C0"> </span><span style="white-space: pre-wrap;" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1C0">Repealed</span><span style="white-space: pre-wrap;" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1C0">.</span></p><p dir="ltr" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1000002"> </span></p><p dir="ltr" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1C0">    </span><span style="white-space: pre-wrap;" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1C0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1C0"> SL 1975, ch 16, § 1; 2 SDR 7, effective July 30, 1975; 5 SDR 21, effective September 21, 1978; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from § 20:56:06:02, 20 SDR 18, effective August 16, 1993</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1C0">; </span><span style="white-space: pre-wrap;" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1C0">44 SDR 71, effective October 24, 2017</span><span style="white-space: pre-wrap;" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1C0">; 48 SDR 60, effective December 6, 2021</span><span style="white-space: pre-wrap;" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1C0">.</span></p><p dir="ltr" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sd772bf17-3115-4d9e-8d5a-ff30b7320eb1000002"> </span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.s6c8ae421-4031-4a4a-9c89-b6f018c55315P0 { 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.s6c8ae421-4031-4a4a-9c89-b6f018c55315C0 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s6c8ae421-4031-4a4a-9c89-b6f018c55315C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s6c8ae421-4031-4a4a-9c89-b6f018c55315C0-000001 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s6c8ae421-4031-4a4a-9c89-b6f018c55315000002 { color: #000000; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:05:03"><span style="white-space: pre-wrap;" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315C0-000000">20:69:05:03</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315C0-000001">.  Informal </span><span style="white-space: pre-wrap;" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315C0-000001">disposition</span><span style="white-space: pre-wrap;" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315C0-000001">.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315C0"> </span><span style="white-space: pre-wrap;" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315C0">Repealed.</span></p><p dir="ltr" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315000002"> </span></p><p dir="ltr" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315C0">    </span><span style="white-space: pre-wrap;" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315C0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315C0"> SL 1975, ch 16, § 1; 2 SDR 7, effective July 30, 1975; 5 SDR 21, effective September 21, 1978; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from § 20:56:06:03, 20 SDR 18, effective August 16, 1993; 44 SDR 71, effective October 24, 2017</span><span style="white-space: pre-wrap;" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315C0">; 48 SDR 60, effective December 6, 2021</span><span style="white-space: pre-wrap;" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315C0">.</span></p><p dir="ltr" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s6c8ae421-4031-4a4a-9c89-b6f018c55315000002"> </span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.s415f1eaa-439b-492e-8782-90dfa46f69b5P0 { 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.s415f1eaa-439b-492e-8782-90dfa46f69b5C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s415f1eaa-439b-492e-8782-90dfa46f69b5C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s415f1eaa-439b-492e-8782-90dfa46f69b5C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s415f1eaa-439b-492e-8782-90dfa46f69b5000002 { 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="s415f1eaa-439b-492e-8782-90dfa46f69b5P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s415f1eaa-439b-492e-8782-90dfa46f69b5C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:05:04"><span style="white-space: pre-wrap;" class="s415f1eaa-439b-492e-8782-90dfa46f69b5C0-000000">20:69:05:04</span></a><span style="white-space: pre-wrap;" class="s415f1eaa-439b-492e-8782-90dfa46f69b5C0-000001">.  Assurance of voluntary compliance or consent order.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s415f1eaa-439b-492e-8782-90dfa46f69b5C0"> </span><span style="white-space: pre-wrap;" class="s415f1eaa-439b-492e-8782-90dfa46f69b5C0">Repealed</span><span style="white-space: pre-wrap;" class="s415f1eaa-439b-492e-8782-90dfa46f69b5C0">.</span></p><p dir="ltr" class="s415f1eaa-439b-492e-8782-90dfa46f69b5P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s415f1eaa-439b-492e-8782-90dfa46f69b5000002"> </span></p><p dir="ltr" class="s415f1eaa-439b-492e-8782-90dfa46f69b5P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s415f1eaa-439b-492e-8782-90dfa46f69b5C0">    </span><span style="white-space: pre-wrap;" class="s415f1eaa-439b-492e-8782-90dfa46f69b5C0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s415f1eaa-439b-492e-8782-90dfa46f69b5C0"> 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from § 20:56:06:03.01, 20 SDR 18, effective August 16, 1993; 37 SDR 112, effective December 8, 2010</span><span style="white-space: pre-wrap;" class="s415f1eaa-439b-492e-8782-90dfa46f69b5C0">; 48 SDR 60, effective December 6, 2021</span><span style="white-space: pre-wrap;" class="s415f1eaa-439b-492e-8782-90dfa46f69b5C0">.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.sb6569f66-c296-4efd-b035-5b1d605f58d1P0 { 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.sb6569f66-c296-4efd-b035-5b1d605f58d1C0 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sb6569f66-c296-4efd-b035-5b1d605f58d1C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sb6569f66-c296-4efd-b035-5b1d605f58d1C0-000001 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sb6569f66-c296-4efd-b035-5b1d605f58d1000002 { color: #000000; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="sb6569f66-c296-4efd-b035-5b1d605f58d1P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb6569f66-c296-4efd-b035-5b1d605f58d1C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:05:05"><span style="white-space: pre-wrap;" class="sb6569f66-c296-4efd-b035-5b1d605f58d1C0-000000">20:69:05:05</span></a><span style="white-space: pre-wrap;" class="sb6569f66-c296-4efd-b035-5b1d605f58d1C0-000001">.  Formal proceedings.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sb6569f66-c296-4efd-b035-5b1d605f58d1C0"> </span><span style="white-space: pre-wrap;" class="sb6569f66-c296-4efd-b035-5b1d605f58d1C0">Repealed.</span></p><p dir="ltr" class="sb6569f66-c296-4efd-b035-5b1d605f58d1P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb6569f66-c296-4efd-b035-5b1d605f58d1000002"> </span></p><p dir="ltr" class="sb6569f66-c296-4efd-b035-5b1d605f58d1P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb6569f66-c296-4efd-b035-5b1d605f58d1C0">    </span><span style="white-space: pre-wrap;" class="sb6569f66-c296-4efd-b035-5b1d605f58d1C0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sb6569f66-c296-4efd-b035-5b1d605f58d1C0"> SL 1975, ch 16, § 1; 2 SDR 7, effective July 30, 1975; 5 SDR 21, effective September 21, 1978; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from § 20:56:06:04, 20 SDR 18, effective August 16, 1993; 44 SDR 71, effective October 24, 2017</span><span style="white-space: pre-wrap;" class="sb6569f66-c296-4efd-b035-5b1d605f58d1C0">; 48 SDR 60, effective December 6, 2021</span><span style="white-space: pre-wrap;" class="sb6569f66-c296-4efd-b035-5b1d605f58d1C0">.</span></p><p dir="ltr" class="sb6569f66-c296-4efd-b035-5b1d605f58d1P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb6569f66-c296-4efd-b035-5b1d605f58d1000002"> </span></p></div></body></html><br /><hr><br /><html> <head> <title>Rule 20:69:05:06 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:05:06"> <META NAME="Description" Content="Administrative Rules 20:69:05:06 Repealed."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 15 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:12.0pt; font-family:"Times",serif; color:black;} a:link, span.MsoHyperlink {color:blue; text-decoration:underline;} a:visited, span.MsoHyperlinkFollowed {color:#954F72; text-decoration:underline;} .MsoChpDefault {font-size:10.0pt; color:black;} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US link=blue vlink="#954F72"> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:05:06.&nbsp;&nbsp;Contents of commission complaint.</b> </span><span style='font-family:"Times New Roman",serif'>Repealed</span><span style='font-family:"Times New Roman",serif'>.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, &#167;&nbsp;1; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from &#167;&nbsp;20:56:06:05, 20 SDR 18, effective August 16, 1993; 44 SDR 71, effective October 24, 2017.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:05:07 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:05:07"> <META NAME="Description" Content="Administrative Rules 20:69:05:07 Repealed."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 15 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:12.0pt; font-family:"Times",serif; color:black;} a:link, span.MsoHyperlink {color:blue; text-decoration:underline;} a:visited, span.MsoHyperlinkFollowed {color:#954F72; text-decoration:underline;} .MsoChpDefault {font-size:10.0pt; color:black;} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US link=blue vlink="#954F72"> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:05:07.&nbsp;&nbsp;Date of hearing.</b> </span><span style='font-family:"Times New Roman",serif'>Repealed</span><span style='font-family:"Times New Roman",serif'>.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, &#167;&nbsp;1; 2 SDR 7, effective July 30, 1975; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from &#167;&nbsp;20:56:06:07, 20 SDR 18, effective August 16, 1993; 44 SDR 71, effective October 24, 2017.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.sf31c908a-ff12-4967-bd6e-f6b16ba0598dP0 { 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.sf31c908a-ff12-4967-bd6e-f6b16ba0598dC0 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sf31c908a-ff12-4967-bd6e-f6b16ba0598dC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sf31c908a-ff12-4967-bd6e-f6b16ba0598dC0-000001 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sf31c908a-ff12-4967-bd6e-f6b16ba0598d000002 { color: #000000; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598dP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598dC0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:05:08"><span style="white-space: pre-wrap;" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598dC0-000000">20:69:05:08</span></a><span style="white-space: pre-wrap;" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598dC0-000001">.  Answer.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598dC0"> </span><span style="white-space: pre-wrap;" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598dC0">Repealed</span><span style="white-space: pre-wrap;" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598dC0">.</span></p><p dir="ltr" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598dP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598d000002"> </span></p><p dir="ltr" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598dP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598dC0">    </span><span style="white-space: pre-wrap;" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598dC0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598dC0"> SL 1975, ch 16, § 1; 3 SDR 34, effective November 3, 1976; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from § 20:56:06:08, 20 SDR 18, effective August 16, 1993; 44 SDR 71, effective October 24, 2017</span><span style="white-space: pre-wrap;" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598dC0">; 48 SDR 60, effective December 6, 2021</span><span style="white-space: pre-wrap;" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598dC0">.</span></p><p dir="ltr" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598dP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sf31c908a-ff12-4967-bd6e-f6b16ba0598d000002"> </span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.sa7861b6b-103e-4f29-b72c-0c28a282deb4P0 { 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.sa7861b6b-103e-4f29-b72c-0c28a282deb4C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sa7861b6b-103e-4f29-b72c-0c28a282deb4C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sa7861b6b-103e-4f29-b72c-0c28a282deb4C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sa7861b6b-103e-4f29-b72c-0c28a282deb4000002 { 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="sa7861b6b-103e-4f29-b72c-0c28a282deb4P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sa7861b6b-103e-4f29-b72c-0c28a282deb4C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:05:09"><span style="white-space: pre-wrap;" class="sa7861b6b-103e-4f29-b72c-0c28a282deb4C0-000000">20:69:05:09</span></a><span style="white-space: pre-wrap;" class="sa7861b6b-103e-4f29-b72c-0c28a282deb4C0-000001">.  Disqualification.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sa7861b6b-103e-4f29-b72c-0c28a282deb4C0"> </span><span style="white-space: pre-wrap;" class="sa7861b6b-103e-4f29-b72c-0c28a282deb4C0">Repealed</span><span style="white-space: pre-wrap;" class="sa7861b6b-103e-4f29-b72c-0c28a282deb4C0">.</span></p><p dir="ltr" class="sa7861b6b-103e-4f29-b72c-0c28a282deb4P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sa7861b6b-103e-4f29-b72c-0c28a282deb4000002"> </span></p><p dir="ltr" class="sa7861b6b-103e-4f29-b72c-0c28a282deb4P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sa7861b6b-103e-4f29-b72c-0c28a282deb4C0">    </span><span style="white-space: pre-wrap;" class="sa7861b6b-103e-4f29-b72c-0c28a282deb4C0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sa7861b6b-103e-4f29-b72c-0c28a282deb4C0"> SL 1975, ch 16, § 1; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from § 20:56:06:09, 20 SDR 18, effective August 16, 1993</span><span style="white-space: pre-wrap;" class="sa7861b6b-103e-4f29-b72c-0c28a282deb4C0">; 48 SDR 60, effective December 6, 2021</span><span style="white-space: pre-wrap;" class="sa7861b6b-103e-4f29-b72c-0c28a282deb4C0">.</span></p><p dir="ltr" class="sa7861b6b-103e-4f29-b72c-0c28a282deb4P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sa7861b6b-103e-4f29-b72c-0c28a282deb4000002"> </span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceP0 { 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.sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceC0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceC0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sffd29ff9-6be3-41a5-ac98-bdd777dfa0ce000002 { 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="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceC0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:05:10"><span style="white-space: pre-wrap;" class="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceC0-000000">20:69:05:10</span></a><span style="white-space: pre-wrap;" class="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceC0-000001">.  Per diem and mileage.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceC0"> </span><span style="white-space: pre-wrap;" class="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceC0">Repealed</span><span style="white-space: pre-wrap;" class="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceC0">.</span></p><p dir="ltr" class="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ce000002"> </span></p><p dir="ltr" class="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceC0">    </span><span style="white-space: pre-wrap;" class="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceC0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceC0"> 2 SDR 7, effective July 30, 1975; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from § 20:56:06:12, 20 SDR 18, effective August 16, 1993</span><span style="white-space: pre-wrap;" class="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceC0">; 48 SDR 60, effective December 6, 2021</span><span style="white-space: pre-wrap;" class="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceC0">.</span></p><p dir="ltr" class="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ceP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sffd29ff9-6be3-41a5-ac98-bdd777dfa0ce000002"> </span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.s45bfec21-960e-40fa-833e-f3c9d17a8139P0 { 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.s45bfec21-960e-40fa-833e-f3c9d17a8139C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s45bfec21-960e-40fa-833e-f3c9d17a8139C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s45bfec21-960e-40fa-833e-f3c9d17a8139C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s45bfec21-960e-40fa-833e-f3c9d17a8139000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s45bfec21-960e-40fa-833e-f3c9d17a8139P0-000003 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: left; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } </style></head><body><div><p dir="ltr" class="s45bfec21-960e-40fa-833e-f3c9d17a8139P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s45bfec21-960e-40fa-833e-f3c9d17a8139C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:05:11"><span style="white-space: pre-wrap;" class="s45bfec21-960e-40fa-833e-f3c9d17a8139C0-000000">20:69:05:11</span></a><span style="white-space: pre-wrap;" class="s45bfec21-960e-40fa-833e-f3c9d17a8139C0-000001">.  Final action by commission.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s45bfec21-960e-40fa-833e-f3c9d17a8139C0"> </span><span style="white-space: pre-wrap;" class="s45bfec21-960e-40fa-833e-f3c9d17a8139C0">Repealed</span><span style="white-space: pre-wrap;" class="s45bfec21-960e-40fa-833e-f3c9d17a8139C0">.</span></p><p dir="ltr" class="s45bfec21-960e-40fa-833e-f3c9d17a8139P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s45bfec21-960e-40fa-833e-f3c9d17a8139000002"> </span></p><p dir="ltr" class="s45bfec21-960e-40fa-833e-f3c9d17a8139P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s45bfec21-960e-40fa-833e-f3c9d17a8139C0">    </span><span style="white-space: pre-wrap;" class="s45bfec21-960e-40fa-833e-f3c9d17a8139C0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s45bfec21-960e-40fa-833e-f3c9d17a8139C0"> 2 SDR 7, effective July 30, 1975; 5 SDR 21, effective September 21, 1978; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from § 20:56:06:13, 20 SDR 18, effective August 16, 1993</span><span style="white-space: pre-wrap;" class="s45bfec21-960e-40fa-833e-f3c9d17a8139C0">; 48 SDR 60, effective December 6, 2021</span><span style="white-space: pre-wrap;" class="s45bfec21-960e-40fa-833e-f3c9d17a8139C0">.</span></p><p dir="ltr" class="s45bfec21-960e-40fa-833e-f3c9d17a8139P0-000003"><span style="white-space: pre-wrap;" xml:space="preserve" class="s45bfec21-960e-40fa-833e-f3c9d17a8139000002"> </span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: center; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s6b1b1c15-a1f4-4a81-be1f-5d4c5740787c000001 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002 { 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.s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000005 { margin-top: 0; margin-bottom: 0; margin-left: 1.30in; margin-right: 0; text-indent: -1.30in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } </style></head><body><div><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0">CHAPTER </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:06"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000000">20:69:06</span></a></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787c000001"> </span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0">REAL ESTATE AUCTIONEER LICENSES</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787c000001"> </span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787c000001"> </span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">Section</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:01"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Transferred.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:01.01"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:01.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">    Definitions.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:02"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:02</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Auctioneers -- License required.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:03"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:03</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        </span><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">Qualifications of applicants.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:04"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:04</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Duties of auctioneer.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:05"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:05</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Listings to be in writing.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:06"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:06</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Auction advertisements.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:07"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:07</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Auction sale procedure.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:07.01"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:07.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">    Auction with reserve sale procedure.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:07.02"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:07.02</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">    Absolute auction sale procedure.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000005"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:07.03"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:07.03</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">    Secured party or lien holder not prohibited from bidding at an absolute auction -- Conditions.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:07.04"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:07.04</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">    Internet auction sale procedure.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:08"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:08</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Auctioneer to maintain records.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:09"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:09</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Certain acts prohibited.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:10"><span style="white-space: pre-wrap;" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:10</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Rules applicable to real estate brokers, broker associates, and salespersons.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787c000001"> </span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><span style="white-space: pre-wrap;" xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787c000001"> </span></p></div></body></html><br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:06:01 Transferred.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:06:01"> <META NAME="Description" Content="Administrative Rules 20:69:06:01 Transferred."> <meta http-equiv=Content-Type 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style='mso-bidi-font-weight:normal'>20:69:06:01.&nbsp;&nbsp;Transferred to &#167;&nbsp;20:69:06:07.</b><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:06:01.01 Definitions.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:06:01.01"> <META NAME="Description" Content="Administrative Rules 20:69:06:01.01 Definitions."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069060000101d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>2</o:TotalTime> <o:Created>2011-03-24T19:08:00Z</o:Created> <o:LastSaved>2011-03-24T19:08:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>299</o:Words> <o:Characters>1705</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>14</o:Lines> <o:Paragraphs>3</o:Paragraphs> <o:CharactersWithSpaces>2001</o:CharactersWithSpaces> <o:Version>10.6867</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:06:01.01. Definitions.</b> Terms used in this chapter mean:<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(1)&nbsp;&nbsp;&quot;Absentee bid,&quot; a procedure that allows a bidder to participate in the bidding without being physically present;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(2)&nbsp;&nbsp;&quot;Absolute auction,&quot; an auction in which the property is sold to the highest qualified bidder with no limiting conditions or amount. An absolute auction is also known as an auction without reserve;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(3)&nbsp;&nbsp;&quot;Auction with reserve,&quot; an auction in which the seller or seller's representative retains the right to establish a minimum price, to accept or decline any and all bids or to withdraw the property at any time prior to the announcement of the completion of the sale by the auctioneer. An auction with reserve is also known as a reserve auction or as an auction subject to confirmation;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(4)&nbsp;&nbsp;&quot;Bid,&quot; a prospective buyer's indication or offer of a price the prospective buyer is willing to pay to purchase property at auction;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(5)&nbsp;&nbsp;&quot;Buyer's premium,&quot; an advertised percentage of the high bid or flat fee added to the high bid to determine the total contract price to be paid by the buyer;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(6)&nbsp;&nbsp;&quot;Internet auction,&quot; an auction in which a prospective buyer bids using electronic media. The term also includes an auction in which the auctioneer conducts the auction using electronic media;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(7)&nbsp;&nbsp;&quot;Minimum bid auction,&quot; an auction in which the auctioneer accepts bids at or above a disclosed price. A minimum bid auction is separate and distinct from an absolute auction or an auction with reserve;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(8)&nbsp;&nbsp;&quot;Rafter bid,&quot; or &quot;puffing of a bid,&quot; a fictitious bid used to increase the final sales price;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(9)&nbsp;&nbsp;&quot;Reserve,&quot; the minimum price that a seller is willing to accept for a property to be sold at auction;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(10)&nbsp;&nbsp;&quot;Shill,&quot; a person who pretends to have no association with the auctioneer or seller and gives the impression of being an enthusiastic bidder by puffing of a bid.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 37 SDR 112, effective December 8, 2010.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(7).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-1">36-21A-1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:06:02 Auctioneers -- License required.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:06:02"> <META NAME="Description" Content="Administrative Rules 20:69:06:02 Auctioneers -- License required."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:06:02.&nbsp;&nbsp;Auctioneers -- License required.</b> A restricted broker's license, referred to in this chapter as an auctioneer's license, is required for any person not licensed as a real estate broker who is acting as a real estate auctioneer. A real estate salesperson or broker associate acting under the auspices and supervision of a licensed real estate broker may sell real estate at auction without an auctioneer's license. A real estate broker may obtain an auctioneer's license without examination.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 1 SDR 33, effective January 1, 1975; 3 SDR 34, effective November 3, 1976; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:12:01, 20 SDR 18, effective August 16, 1993; 23 SDR 110, effective January 9, 1997; 26 SDR 41, effective September 29, 1999; 29 SDR 48, effective October 10, 2002.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(7).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12">36-21A-12.</A></p> </div> </body> </html> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.sba477882-8a73-429e-8ff3-9756e003003bP0 { 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.sba477882-8a73-429e-8ff3-9756e003003bC0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sba477882-8a73-429e-8ff3-9756e003003bC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sba477882-8a73-429e-8ff3-9756e003003bC0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sba477882-8a73-429e-8ff3-9756e003003bC0-000002 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sba477882-8a73-429e-8ff3-9756e003003b000003 { 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="sba477882-8a73-429e-8ff3-9756e003003bP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sba477882-8a73-429e-8ff3-9756e003003bC0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:03"><span style="white-space: pre-wrap;" class="sba477882-8a73-429e-8ff3-9756e003003bC0-000000">20:69:06:03</span></a><span style="white-space: pre-wrap;" class="sba477882-8a73-429e-8ff3-9756e003003bC0-000001">.  Qualifications of applicants.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sba477882-8a73-429e-8ff3-9756e003003bC0"> </span><span style="white-space: pre-wrap;" xml:space="preserve" class="sba477882-8a73-429e-8ff3-9756e003003bC0">An applicant for a real estate auctioneer s license, in addition to the other requirements in SDCL chapter </span><a href="https://sdlegislature.gov/statutes/DisplayStatute.aspx?Type=Statute&amp;Statute=36-21A"><span style="white-space: pre-wrap;" class="sba477882-8a73-429e-8ff3-9756e003003bC0-000002">36-21A</span></a><span style="white-space: pre-wrap;" class="sba477882-8a73-429e-8ff3-9756e003003bC0">, shall furnish evidence of completion of one hundred and sixteen classroom hours within the two years before the date of application in a course on the principles and practices of real estate</span><span style="white-space: pre-wrap;" class="sba477882-8a73-429e-8ff3-9756e003003bC0">.</span></p><p dir="ltr" class="sba477882-8a73-429e-8ff3-9756e003003bP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sba477882-8a73-429e-8ff3-9756e003003b000003"> </span></p><p dir="ltr" class="sba477882-8a73-429e-8ff3-9756e003003bP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sba477882-8a73-429e-8ff3-9756e003003bC0">    </span><span style="white-space: pre-wrap;" class="sba477882-8a73-429e-8ff3-9756e003003bC0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sba477882-8a73-429e-8ff3-9756e003003bC0"> 1 SDR 33, effective January 1, 1975; 2 SDR 7, effective July 30, 1975, and omitted as a temporary rule; readopted and transferred from § 20:56:12:08, 20 SDR 18, effective August 16, 1993; 23 SDR 110, effective January 9, 1997; 29 SDR 48, effective October 10, 2002; 35 SDR 305, effective July 1, 2009; 47 SDR 37, effective October 5, 2020</span><span style="white-space: pre-wrap;" class="sba477882-8a73-429e-8ff3-9756e003003bC0">; 50 SDR 19, effective August 30, 2023</span><span style="white-space: pre-wrap;" class="sba477882-8a73-429e-8ff3-9756e003003bC0">.</span></p><p dir="ltr" class="sba477882-8a73-429e-8ff3-9756e003003bP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sba477882-8a73-429e-8ff3-9756e003003bC0">    </span><span style="white-space: pre-wrap;" class="sba477882-8a73-429e-8ff3-9756e003003bC0-000001">General Authority:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sba477882-8a73-429e-8ff3-9756e003003bC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-47"><span style="white-space: pre-wrap;" class="sba477882-8a73-429e-8ff3-9756e003003bC0-000002">36-21A-47</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sba477882-8a73-429e-8ff3-9756e003003bC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-89"><span style="white-space: pre-wrap;" class="sba477882-8a73-429e-8ff3-9756e003003bC0-000002">36-21A-89</span></a><span style="white-space: pre-wrap;" class="sba477882-8a73-429e-8ff3-9756e003003bC0">(2)(5).</span></p><p dir="ltr" class="sba477882-8a73-429e-8ff3-9756e003003bP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sba477882-8a73-429e-8ff3-9756e003003bC0">    </span><span style="white-space: pre-wrap;" class="sba477882-8a73-429e-8ff3-9756e003003bC0-000001">Law Implemented:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sba477882-8a73-429e-8ff3-9756e003003bC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-30"><span style="white-space: pre-wrap;" class="sba477882-8a73-429e-8ff3-9756e003003bC0-000002">36-21A-30</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sba477882-8a73-429e-8ff3-9756e003003bC0">. </span></p><p dir="ltr" class="sba477882-8a73-429e-8ff3-9756e003003bP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sba477882-8a73-429e-8ff3-9756e003003b000003"> </span></p></div></body></html><br /><hr><br /><html> <head> <title>Rule 20:69:06:04 Duties of auctioneer.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:06:04"> <META NAME="Description" Content="Administrative Rules 20:69:06:04 Duties of auctioneer."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:06:04.&nbsp;&nbsp;Duties of auctioneer.</b> An auctioneer may list, advertise, show, and sell real property or business opportunities at auction only. An auctioneer may also close a real estate auction sale.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 1 SDR 33, effective January 1, 1975; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:12:21, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001; 30 SDR 40, effective September 30, 2003.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(7).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-1">36-21A-1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-6">36-21A-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:06:05 Listings to be in writing.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:06:05"> <META NAME="Description" Content="Administrative Rules 20:69:06:05 Listings to be in writing."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069060000500d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2010-12-09T19:41:00Z</o:Created> <o:LastSaved>2010-12-09T19:41:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>238</o:Words> <o:Characters>1361</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>11</o:Lines> <o:Paragraphs>3</o:Paragraphs> <o:CharactersWithSpaces>1596</o:CharactersWithSpaces> <o:Version>10.6867</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:06:05.&nbsp;&nbsp;Listings to be in writing.</b> Any contract listing a property for sale with an auctioneer must be in writing. Each written listing agreement shall show the legal description of the property; the compensation to be received by the auctioneer; the requirement that the date of the auction will be determined by written mutual agreement between seller and auctioneer; the type of auction procedure; any encumbrances and reserves; and the signatures of all parties. At the time of securing the listing, the auctioneer who obtains it shall give the person or persons signing the listing a true copy of it. An auction listing does not need to include a listing price. An auction listing terminates at the culmination of the bidding if the auctioneer will not be representing the seller through the closing of the transaction or if the seller doesn't receive an acceptable bid. If the auctioneer prepares the purchase agreement, the auction listing extends to and includes the date of closing under the purchase agreement unless the buyer and seller terminate the purchase agreement prior to closing of the transaction.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 4 SDR 71, effective April 30, 1978; 10 SDR 54, effective December 5, 1983; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from &#167;&nbsp;20:56:12:22, 20 SDR 18, effective August 16, 1993; 26 SDR 41, effective September 29, 1999; 30 SDR 40, effective September 30, 2003; 37 SDR 112, effective December 8, 2010.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(7)</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-130">36-21A-130.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-71">36-21A-71</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-130">36-21A-130.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:06:06 Auction advertisements.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:06:06"> <META NAME="Description" Content="Administrative Rules 20:69:06:06 Auction advertisements."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069060000600d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2010-12-09T19:41:00Z</o:Created> <o:LastSaved>2010-12-09T19:41:00Z</o:LastSaved> <o:Pages>2</o:Pages> <o:Words>444</o:Words> <o:Characters>2535</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>21</o:Lines> <o:Paragraphs>5</o:Paragraphs> <o:CharactersWithSpaces>2974</o:CharactersWithSpaces> <o:Version>10.6867</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:06:06.&nbsp;&nbsp;Auction advertisements.</b> An auctioneer who advertises<span style='mso-spacerun:yes'>&nbsp; </span>shall comply with the following requirements:<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(1)&nbsp;&nbsp;Auction advertisements must disclose the names and types of licenses held by all licensees involved in the transaction;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(2)&nbsp;&nbsp;If an auction advertisement includes real estate and personal property and the personal property is to be sold by an auctioneer not licensed under this chapter or SDCL chapter <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A">36-21A</A>, then the auction advertisement may not be displayed in such a manner to give the impression that the real estate is being sold by the unlicensed auctioneer;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(3)&nbsp;&nbsp;No auction may be advertised as absolute nor may any advertising contain the term, absolute auction, or the term, absolute, or any term with similar meaning, nor may any licensee offer to sell any property at absolute auction unless:<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:2'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(a)&nbsp;&nbsp;Except for current tax obligations or easements, there are no unrecorded liens or encumbrances on the property in favor of any other person, firm, or corporation;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:2'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(b)&nbsp;&nbsp;Each holder of a lien or encumbrance, by execution of the auction contract or other written agreement provided to the auctioneer, agrees to the absolute auction without regard to the amount of the highest bid or to the identity of the highest bidder; or<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:2'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(c)&nbsp;&nbsp;A person, firm, trust, or estate, by execution of the auction listing contract or other written agreement provided to the auctioneer guarantees the complete discharge and satisfaction of all liens and encumbrances, as applicable, immediately after the absolute auction or at the closing without regard to the amount of the highest bid or to the identity of the highest bidder;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(4)&nbsp;&nbsp;When advertising an absolute auction, there must be the bona fide intention at the time of the advertising and at the time of the auction sale to transfer ownership of the property. The intent must exist without reliance on any agreement that any particular bid level must be reached;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(5)&nbsp;&nbsp;If the auction is a minimum bid auction, the minimum price must be stated in any advertising and promotional material and announced at the auction;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(6)&nbsp;&nbsp;Advertising for a sale at which some parcels will be auctioned with reserve and some items will be auctioned without reserve shall clearly and conspicuously indicate this fact to the public. In written advertisements for such a sale, the font size, style, and case of the type used in publicizing the part of the sale is to be held without reserve may not differ from the font size, style, and case used to publicize the part of the sale to be held with reserve;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(7)&nbsp;&nbsp;An auctioneer shall disclose the existence of any buyer's premium to be charged to a buyer at an auction sale. Such disclosure shall be made in all published advertising and disclosed prior to the start of an auction.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 20 SDR 18, effective August 16, 1993; 37 SDR 112, effective December 8, 2010.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(7).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-71">36-21A-71(29)</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-72">36-21A-72</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:06:07 Auction sale procedure.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:06:07"> <META NAME="Description" Content="Administrative Rules 20:69:06:07 Auction sale procedure."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069060000700d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>1</o:TotalTime> <o:Created>2011-03-24T19:08:00Z</o:Created> <o:LastSaved>2011-03-24T19:08:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>184</o:Words> <o:Characters>1053</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>8</o:Lines> <o:Paragraphs>2</o:Paragraphs> <o:CharactersWithSpaces>1235</o:CharactersWithSpaces> <o:Version>10.6867</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:06:07.&nbsp;&nbsp;Auction sale procedure.</b> A real estate auction may not begin until the announced and advertised time and date, and may only occur at the announced and advertised place of the sale. All efforts of selling shall cease at the end of the sale or at the time of the announcement of no sale. If property being sold by auction is put up in tracts, each tract is the subject of a separate sale. Any sale is with reserve unless the real estate being sold is explicitly put up without reserve. A bidder may retract a bid until the auctioneer's announcement of completion of the auction, but a bidder's retraction does not revive any previous bid.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>Each sale at auction is complete when the auctioneer announces its completion by the fall of the hammer or in any other customary manner.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 5 SDR 12, effective August 14, 1978; 10 SDR 54, effective December 5, 1983; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from &#167;&nbsp;20:56:12:00.01, 20 SDR 18, effective August 16, 1993; transferred from &#167;&nbsp;20:69:06:01, 37 SDR 112, effective December 8, 2010; transferred from &#167;&nbsp;20:69:06:01, 37 SDR 112, effective December 8, 2010.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(7).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-1">36-21A-1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-72">36-21A-72</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:06:07.01 Auction with reserve sale procedure.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:06:07.01"> <META NAME="Description" Content="Administrative Rules 20:69:06:07.01 Auction with reserve sale procedure."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069060000701d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>1</o:TotalTime> <o:Created>2010-12-09T19:41:00Z</o:Created> <o:LastSaved>2010-12-09T19:41:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>90</o:Words> <o:Characters>514</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>4</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>603</o:CharactersWithSpaces> <o:Version>10.6867</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:06:07.01.&nbsp;&nbsp;Auction with reserve sale procedure.</b> In an auction with reserve, the auctioneer may withdraw the real estate being offered for sale at any time until announcing completion of the sale. If the seller or an authorized representative of the seller will be allowed to bid at an auction, the auctioneer must give notice for such bidding prior to receiving any bids.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>A minimum acceptable price may be disclosed with seller's written permission.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 37 SDR 112, effective December 8, 2010.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(7).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-1">36-21A-1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-72">36-21A-72</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:06:07.02 Absolute auction sale procedure.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:06:07.02"> <META NAME="Description" Content="Administrative Rules 20:69:06:07.02 Absolute auction sale procedure."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069060000702d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>1</o:TotalTime> <o:Created>2010-12-09T19:41:00Z</o:Created> <o:LastSaved>2010-12-09T19:41:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>78</o:Words> <o:Characters>447</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>3</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>524</o:CharactersWithSpaces> <o:Version>10.6867</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:06:07.02.&nbsp;&nbsp;Absolute auction sale procedure.</b> In an absolute auction, the seller or anyone acting upon behalf of the seller may not bid at the absolute auction or otherwise participate in the bidding process. The real estate being offered for sale at an absolute auction may not be withdrawn after an auctioneer calls for bids unless no bid is made within a reasonable time.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 37 SDR 112, effective December 8, 2010.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(7).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-1">36-21A-1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-72">36-21A-72</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:06:07.03 Secured party or lien holder not prohibited from bidding at an absolute auction -- Conditions.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:06:07.03"> <META NAME="Description" Content="Administrative Rules 20:69:06:07.03 Secured party or lien holder not prohibited from bidding at an absolute auction -- Conditions."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069060000703d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>1</o:TotalTime> <o:Created>2010-12-09T19:41:00Z</o:Created> <o:LastSaved>2010-12-09T19:41:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>101</o:Words> <o:Characters>577</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>4</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>677</o:CharactersWithSpaces> <o:Version>10.6867</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:06:07.03.&nbsp;&nbsp;Secured party or lien holder not prohibited from bidding at an absolute auction -- Conditions.</b> Compliance with &#167;&nbsp;20:69:06:07.02 does not prohibit a secured party or other lien holder who is not the seller from bidding at an absolute auction sale, as long as such bidding does not constitute the direct or indirect establishment, or an agreement to the establishment, of a reserve price on the property by the seller or by the auctioneer or by anyone aiding, assisting, or acting upon behalf of, the seller or the auctioneer.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 37 SDR 112, effective December 8, 2010.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(7).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-72">36-21A-72</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:06:07.04 Internet auction sale procedure.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:06:07.04"> <META NAME="Description" Content="Administrative Rules 20:69:06:07.04 Internet auction sale procedure."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069060000704d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2010-12-09T19:41:00Z</o:Created> <o:LastSaved>2010-12-09T19:41:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>83</o:Words> <o:Characters>478</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>3</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>560</o:CharactersWithSpaces> <o:Version>10.6867</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:06:07.04.&nbsp;&nbsp;Internet auction sale procedure.</b> In an Internet auction sale, the auctioneer must validate a buyer's capability to participate in the sale by obtaining the buyer's name, address, e-mail address, phone number, and ability to legally enter into a contract. In addition, the auctioneer shall obtain an agreement to the terms of the auction procedure from any buyer wishing to participate in the sale.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 37 SDR 112, effective December 8, 2010.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(7).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-1">36-21A-1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-72">36-21A-72</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:06:08 Auctioneer to maintain records.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:06:08"> <META NAME="Description" Content="Administrative Rules 20:69:06:08 Auctioneer to maintain records."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069060000800d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2010-12-09T19:41:00Z</o:Created> <o:LastSaved>2010-12-09T19:41:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>126</o:Words> <o:Characters>723</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>6</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>848</o:CharactersWithSpaces> <o:Version>10.6867</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:06:08.&nbsp;&nbsp;Auctioneer to maintain records.</b> An auctioneer must maintain copies of all agreements, listing contracts, handbills, advertisements, and other pertinent records, including closing statements if the auctioneer represented the seller through the closing of the transaction and any auction recordings whether audio, video, or audiovisual if the auction was recorded, for a period of four years. The records are subject to audit by the commission.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 5 SDR 12, effective August 14, 1978; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from &#167;&nbsp;20:56:12:23, 20 SDR 18, effective August 16, 1993; 37 SDR 112, effective December 8, 2010.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(7).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-1">36-21A-1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-6">36-21A-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-83">36-21A-83.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>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 style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:09"><span style="white-space: pre-wrap;" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000000">20:69:06:09</span></a><span style="white-space: pre-wrap;" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000001">.  Certain acts prohibited.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0"> Prohibited acts</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0"> by an auctioneer</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0"> include the following:</span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587000002"> </span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span style="white-space: pre-wrap;" 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 style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587000002"> </span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">    (2)  </span><span style="white-space: pre-wrap;" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">Knowingly permitting an unlicensed individual to call or take bids in an auction sale; or</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0"> </span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587000002"> </span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">    (</span><span style="white-space: pre-wrap;" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">3</span><span style="white-space: pre-wrap;" 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 style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587000002"> </span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">    </span><span style="white-space: pre-wrap;" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000001">Source:</span><span style="white-space: pre-wrap;" 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 style="white-space: pre-wrap;" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">; 50 SDR 19, effective August 30, 2023</span><span style="white-space: pre-wrap;" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">.</span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">    </span><span style="white-space: pre-wrap;" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000001">General Authority:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-89"><span style="white-space: pre-wrap;" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000003">36-21A-89</span></a><span style="white-space: pre-wrap;" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">(</span><span style="white-space: pre-wrap;" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">5</span><span style="white-space: pre-wrap;" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">).</span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">    </span><span style="white-space: pre-wrap;" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000001">Law Implemented:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-47"><span style="white-space: pre-wrap;" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000003">36-21A-47</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-68"><span style="white-space: pre-wrap;" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0-000003">36-21A-68</span></a><span style="white-space: pre-wrap;" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587C0">.</span></p><p dir="ltr" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb0b6bec6-e1e6-40fb-b464-0985336e5587000002"> </span></p></div></body></html><br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:06:10 Rules applicable to real estate brokers, broker associates, and salesperson.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:06:10"> <META NAME="Description" Content="Administrative Rules 20:69:06:10 Rules applicable to real estate brokers, broker associates, and salesperson."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069060001000d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2010-12-09T19:41:00Z</o:Created> <o:LastSaved>2010-12-09T19:41:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>117</o:Words> <o:Characters>667</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>5</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>783</o:CharactersWithSpaces> <o:Version>10.6867</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; 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mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:06:10.&nbsp;&nbsp;Rules applicable to real estate brokers, broker associates, and salespersons</b> A real estate broker, broker associate, or salesperson acting as an auctioneer must follow the provisions of this chapter. Unless inconsistent with this chapter, a person licensed as an auctioneer must follow the provisions of chapter 20:69:03 and SDCL chapter <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A">36-21A.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 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 &#167;&nbsp;20:56:12:25, 20 SDR 18, effective August 16, 1993; 21 SDR 125, effective January 23, 1995; 37 SDR 112, effective December 8, 2010.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(7).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-1">36-21A-1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-6">36-21A-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-27">36-21A-27</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30">36-21A-30</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-68">36-21A-68</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-71">36-21A-71.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <title>Rule 20:69:07 CONDOMINIUMS</title> <META NAME="Keywords" Content="Administrative Rules 20:69:07"> <META NAME="Description" Content="Administrative Rules 20:69:07 CONDOMINIUMS"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p align=center><b>CHAPTER <a href="DisplayRule.aspx?Rule=20:69:07">20:69:07</a></b></p> <p align=center><b>CONDOMINIUMS</b></p> <p>Section</p> <p><a href="DisplayRule.aspx?Rule=20:69:07:01">20:69:07:01</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notice of intent to sell domestic condominium.</p> <p><a href="DisplayRule.aspx?Rule=20:69:07:02">20:69:07:02</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rejection of filing.</p> <p><a href="DisplayRule.aspx?Rule=20:69:07:03">20:69:07:03</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Properly filed defined.</p> <p><a href="DisplayRule.aspx?Rule=20:69:07:04">20:69:07:04</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Inspection fee.</p> <p><a href="DisplayRule.aspx?Rule=20:69:07:05">20:69:07:05</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rejection for insufficient funds check.</p> <p><a href="DisplayRule.aspx?Rule=20:69:07:06">20:69:07:06</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposit and expenditure of fees.</p> <p><a href="DisplayRule.aspx?Rule=20:69:07:07">20:69:07:07</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public offering statement to accompany questionnaire.</p> <p><a href="DisplayRule.aspx?Rule=20:69:07:08">20:69:07:08</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Conversion condominiums.</p> <p><a href="DisplayRule.aspx?Rule=20:69:07:09">20:69:07:09</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other information.</p> <p><a href="DisplayRule.aspx?Rule=20:69:07:10">20:69:07:10</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Waiver.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:07:01 Notice of intent to sell domestic condominium.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:07:01"> <META NAME="Description" Content="Administrative Rules 20:69:07:01 Notice of intent to sell domestic condominium."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:07:01.&nbsp;&nbsp;Notice of intent to sell domestic condominium.</b> When a domestic condominium project is offered for sale in this state, the developer shall notify the commission in writing of the intention to sell the offering. The notice of intent must be on a form approved by the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 3 SDR 34, effective November 3, 1976; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:13:08, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-30">43-15A-30.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-10">43-15A-10.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:07:02 Rejection of filing.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:07:02"> <META NAME="Description" Content="Administrative Rules 20:69:07:02 Rejection of filing."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:07:02.&nbsp;&nbsp;Rejection of filing.</b> The commission may reject a filing that does not have the notice of intent to sell, does not have a questionnaire properly completed by the developer, or does not include the fee required in SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-11">43-15A-11</A> and §&nbsp;20:69:07:04.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 3 SDR 34, effective November 3, 1976; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:13:11, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-30">43-15A-30.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-11">43-15A-11.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:07:03 Properly filed defined.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:07:03"> <META NAME="Description" Content="Administrative Rules 20:69:07:03 Properly filed defined."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:07:03.&nbsp;&nbsp;Properly filed defined.</b> A notice of intent to sell is not properly filed until the commission has notified the developers in writing that all necessary requirements have been met.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 3 SDR 34, effective November 3, 1976; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:13:12, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-30">43-15A-30.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-13">43-15A-13.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:07:04 Inspection fee.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:07:04"> <META NAME="Description" Content="Administrative Rules 20:69:07:04 Inspection fee."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:07:04.&nbsp;&nbsp;Inspection fee.</b> An estimated inspection fee in the amount of $100 for each $300,000 value of the project must be included with the notice of intent.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 3 SDR 34, effective November 3, 1976; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:13:13, August 16, 1993; 23 SDR 110, effective January 9, 1997.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-30">43-15A-30.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-14">43-15A-14.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:07:05 Rejection for insufficient funds check.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:07:05"> <META NAME="Description" Content="Administrative Rules 20:69:07:05 Rejection for insufficient funds check."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:07:05.&nbsp;&nbsp;Rejection for insufficient funds check.</b> The commission shall reject any notice of intent to sell if it is accompanied by an insufficient funds check for either the registration fee or inspection fee or both.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 3 SDR 34, effective November 3, 1976; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:13:14, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-30">43-15A-30.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-11">43-15A-11</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-14">43-15A-14.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:07:06 Deposit and expenditure of fees.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:07:06"> <META NAME="Description" Content="Administrative Rules 20:69:07:06 Deposit and expenditure of fees."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:07:06.&nbsp;&nbsp;Deposit and expenditure of fees.</b> The commission shall deposit the fees that it collects in the enforcement of SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A">43-15A</A> in the general fund of the commission and shall expend them to defray the costs of registration and inspection. The commission representative inspecting the project is entitled to a fee not to exceed $75 per day and mileage in the amount of 35 cents per mile or actual reimbursement for first class transportation expenses. If the amount expended by the commission representative is greater than the estimated amount paid by the developer pursuant to §&nbsp;20:69:07:04, the commission shall bill the developers for the excess amount. The excess amount must be paid immediately or the commission shall reject the notice of intention to sell.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 3 SDR 34, effective November 3, 1976; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:13:15, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-15">43-15A-15.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-14">43-15A-14</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-15">43-15A-15.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:07:07 Public offering statement to accompany questionnaire.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:07:07"> <META NAME="Description" Content="Administrative Rules 20:69:07:07 Public offering statement to accompany questionnaire."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:07:07.&nbsp;&nbsp;Public offering statement to accompany questionnaire.</b> A public offering statement (POS) shall accompany and be part of the questionnaire and must be in a form prescribed by the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 3 SDR 34, effective November 3, 1976; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:13:17, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-30">43-15A-30.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-2">43-15A-2</A> to <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-7">43-15A-7</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-11">43-15A-11</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-18">43-15A-18</A> to <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-25">43-15A-25.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:07:08 Conversion condominiums.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:07:08"> <META NAME="Description" Content="Administrative Rules 20:69:07:08 Conversion condominiums."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:07:08.&nbsp;&nbsp;Conversion condominiums.</b> The POS for conversion condominiums must conform in all aspects to the requirements of §&nbsp;20:69:07:07 except that additional information as required by the commission must be incorporated.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 3 SDR 34, effective November 3, 1976; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:13:18, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-30">43-15A-30.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-2">43-15A-2</A> to <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-7">43-15A-7</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-11">43-15A-11</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-18">43-15A-18</A> to <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-25">43-15A-25.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:07:09 Other information.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:07:09"> <META NAME="Description" Content="Administrative Rules 20:69:07:09 Other information."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:07:09.&nbsp;&nbsp;Other information.</b> In order to facilitate its powers of inspection, the commission may require the submission of additional information. The failure to submit such additional information is grounds for the commission to reject the application.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 3 SDR 34, effective November 3, 1976; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:13:20, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-30">43-15A-30.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-11">43-15A-11</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-13">43-15A-13</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-16">43-15A-16</A> to <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-18">43-15A-18</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-26">43-15A-26.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:07:10 Waiver.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:07:10"> <META NAME="Description" Content="Administrative Rules 20:69:07:10 Waiver."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:07:10.&nbsp;&nbsp;Waiver.</b> The commission may waive any of the requirements of this chapter for good cause shown and may accept, at its discretion, registration forms used in another state.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 3 SDR 34, effective November 3, 1976; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:13:21, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-30">43-15A-30</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15A-11">43-15A-11.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <title>Rule 20:69:08 MORTGAGE BROKERS</title> <META NAME="Keywords" Content="Administrative Rules 20:69:08"> <META NAME="Description" Content="Administrative Rules 20:69:08 MORTGAGE BROKERS"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p align=center><b>CHAPTER <a href="DisplayRule.aspx?Rule=20:69:08">20:69:08</a></b></p> <p align=center><b>MORTGAGE BROKERS</b></p> <p>Section</p> <p><a href="DisplayRule.aspx?Rule=20:69:08:01">20:69:08:01</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Definitions.</p> <p><a href="DisplayRule.aspx?Rule=20:69:08:02">20:69:08:02</a> to 20:69:08:07&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:69:08:08">20:69:08:08</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No advance fee.</p> <p><a href="DisplayRule.aspx?Rule=20:69:08:09">20:69:08:09</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Written contract required.</p> <p><a href="DisplayRule.aspx?Rule=20:69:08:10">20:69:08:10</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Full disclosure required.</p> <p><a href="DisplayRule.aspx?Rule=20:69:08:11">20:69:08:11</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Contents of mortgage loan disclosure statement.</p> <p><a href="DisplayRule.aspx?Rule=20:69:08:12">20:69:08:12</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Restrictions on chargeable costs and expenses.</p> <p><a href="DisplayRule.aspx?Rule=20:69:08:13">20:69:08:13</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:08:01 Definitions.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:08:01"> <META NAME="Description" Content="Administrative Rules 20:69:08:01 Definitions."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:08:01.&nbsp;&nbsp;Definitions.</b> The term, lender, means a bank or trust company, savings bank, savings and loan association, insurance company, federal land bank, licensed mortgage broker or mortgage lender, or state or federal agency or its employees or any wholly owned subsidiary of any of the entities listed in this section.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 4 SDR 71, effective April 30, 1978; 5 SDR 21, effective September 21, 1978; 7 SDR 13, effective October 6, 1980; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:17:01, 20 SDR 18, effective August 16, 1993; 26 SDR 41, effective September 29, 1999.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(8).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-1">36-21A-1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(8).</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:08:02 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:08:02"> <META NAME="Description" Content="Administrative Rules 20:69:08:02 Repealed."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:08:02.&nbsp;&nbsp;Persons to whom license law applicable.</b>Repealed.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 4 SDR 71, effective April 30, 1978; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:17:03, 20 SDR 18, effective August 16, 1993; 23 SDR 110, effective January 9, 1997; repealed, 26 SDR 41 effective September 29, 1999.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:08:03 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:08:03"> <META NAME="Description" Content="Administrative Rules 20:69:08:03 Repealed."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:08:03.&nbsp;&nbsp;Persons and organizations exempt from licensing.</b>Repealed.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 5 SDR 21, effective September 21, 1978; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:17:03.01, 20 SDR 18, effective August 16, 1993; repealed, 26 SDR 41, effective September 29, 1999.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:08:04 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:08:04"> <META NAME="Description" Content="Administrative Rules 20:69:08:04 Repealed."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:08:04.&nbsp;&nbsp;Mortgage brokers affiliated with a firm exempt from trust account requirements.</b>Repealed.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 4 SDR 71, effective April 30, 1978; 10 SDR 54, effective December 5, 1983; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:17:09, 20 SDR 18, effective August 16, 1993; repealed, 26 SDR 41, effective September 29, 1999.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:08:05 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:08:05"> <META NAME="Description" Content="Administrative Rules 20:69:08:05 Repealed."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:08:05.&nbsp;&nbsp;Trust account requirements.</b>Repealed.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 4 SDR 71, effective April 30, 1978; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:17:32, 20 SDR 18, effective August 16, 1993; repealed, 26 SDR 41, effective September 29, 1999.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:08:06 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:08:06"> <META NAME="Description" Content="Administrative Rules 20:69:08:06 Repealed."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:08:06.&nbsp;&nbsp;Office requirements.</b>Repealed.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 4 SDR 71, effective April 30, 1978; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:17:33, 20 SDR 18, effective August 16, 1993; repealed, 26 SDR 41, effective September 29, 1999.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:08:07 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:08:07"> <META NAME="Description" Content="Administrative Rules 20:69:08:07 Repealed."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:08:07.&nbsp;&nbsp;Auditing.</b>Repealed.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 4 SDR 71, effective April 30, 1978; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:17:34, 20 SDR 18, effective August 16, 1993; repealed, 26 SDR 41, effective September 29, 1999.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:08:08 No advance fee.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:08:08"> <META NAME="Description" Content="Administrative Rules 20:69:08:08 No advance fee."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:08:08.&nbsp;&nbsp;No advance fee.</b> A real estate broker acting as a mortgage broker may not accept compensation in advance from a potential borrower for the procurement of a loan.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 4 SDR 71, effective April 30, 1978; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:17:36, 20 SDR 18, effective August 16, 1993; 26 SDR 41, effective September 29, 1999.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(8).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30">36-21A-30</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-84">36-21A-84.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:08:09 Written contract required.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:08:09"> <META NAME="Description" Content="Administrative Rules 20:69:08:09 Written contract required."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:08:09.&nbsp;&nbsp;Written contract required.</b> Before a real estate broker performs any services for a potential borrower, the broker and the borrower must enter into a written contract specifying the duties and conditions under which the broker is to perform services. The contract must fully disclose estimated compensations and expenses and must have a definite expiration date.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 4 SDR 71, effective April 30, 1978; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:17:37, 20 SDR 18, effective August 16, 1993; 26 SDR 41, effective September 29, 1999.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(8).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30">36-21A-30</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:08:10 Full disclosure required.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:08:10"> <META NAME="Description" Content="Administrative Rules 20:69:08:10 Full disclosure required."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:08:10.&nbsp;&nbsp;Full disclosure required.</b> In all dealings between a borrower and a real estate broker, the broker shall fully and fairly inform the prospective borrower of all liabilities, costs, and other financial obligations that can or will be incurred by the borrower if the borrower uses the services of the broker.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 4 SDR 71, effective April 30, 1978; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:17:38, 20 SDR 18, effective August 16, 1993; 26 SDR 41, effective September 29, 1999.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(8).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30">36-21A-30</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:08:11 Contents of mortgage loan disclosure statement.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:08:11"> <META NAME="Description" Content="Administrative Rules 20:69:08:11 Contents of mortgage loan disclosure statement."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:08:11.&nbsp;&nbsp;Contents of mortgage loan disclosure statement.</b> When a real estate broker arranges a loan for a borrower, the following mortgage loan disclosure statement shall be prepared by the broker and the borrower:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Summary of loan terms:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a)&nbsp;&nbsp;Principal amount of loan;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b)&nbsp;&nbsp;Estimated deductions from principal amount:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Costs and expenses;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (ii)Brokerage commission;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Liens and other amounts to be paid on authorization of borrower;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c)&nbsp;&nbsp;Estimated cash payable to borrower;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;General information concerning loans:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a)&nbsp;&nbsp;The amount of principal and interest payable, the interest rate, the number of payments and whether they are monthly or quarterly, and whether there is a final or balloon payment to pay off the loan in full. If there is a balloon payment, the following cautionary instructions shall be printed in bold type on the contract:&nbsp;&nbsp;<b>CAUTION TO BORROWER:&nbsp;&nbsp;IF YOU DO NOT HAVE THE FUNDS TO PAY THE BALLOON PAYMENT WHEN DUE, IT MAY BE NECESSARY FOR YOU TO OBTAIN A NEW LOAN AGAINST YOUR PROPERTY FOR THIS PURPOSE AND YOU MAY BE REQUIRED AGAIN TO PAY COMMISSION AND EXPENSES FOR ARRANGING THE LOAN. KEEP THIS IN MIND IN DECIDING UPON THE AMOUNT AND TERMS OF THE LOAN THAT YOU OBTAIN AT THIS TIME;</b></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b)&nbsp;&nbsp;Other information necessary, including the land description, types of instruments to be executed, and type of lien that will be against the property if the instruments are executed;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c)&nbsp;&nbsp;Any prepayment penalty and full disclosure of its terms;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d)&nbsp;&nbsp;Whether credit life or credit disability will be required of the borrower as a condition of making the loan;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;Deductions from loan proceeds:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a)&nbsp;&nbsp;Estimated costs and expenses to be paid by the borrower out of the principal amount of the loan including appraisal fees, escrow fees, abstract or title insurance fees, notary fees, attorney fees, recording fees, credit investigation fees, and other costs and expenses;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b)&nbsp;&nbsp;An estimate of the liens and other amounts to be paid out of the principal amount of the loan, on authorization of the borrower, including fire or other property insurance premiums, credit life or disability insurance premiums, beneficiary statement fees, reconveyance or similar fees, liens against property securing the loan, or other fees.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 4 SDR 71, effective April 30, 1978; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:17:39, 20 SDR 18, effective August 16, 1993; 26 SDR 41, effective September 29, 1999.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(8).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30">36-21A-30</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:08:12 Restrictions on chargeable costs and expenses.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:08:12"> <META NAME="Description" Content="Administrative Rules 20:69:08:12 Restrictions on chargeable costs and expenses."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:08:12.&nbsp;&nbsp;Restrictions on chargeable costs and expenses.</b> In addition to the initial written contract, the real estate broker shall give to the potential borrower an estimate of the amount of chargeable costs and expenses that will be collected by the broker in case no loan is found for the borrower. An estimated total cost to the borrower under these conditions shall be stated to the borrower and may not exceed the amount customarily charged for the same or comparable service in the community where the service was rendered. All of these costs and expenses, if actually expended and chargeable to the borrower, must have been actually and reasonably expended for the potential borrower's benefit.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 4 SDR 71, effective April 30, 1978; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;&nbsp;20:56:17:40, 20 SDR 18, effective August 16, 1993; 26 SDR 41, effective September 29, 1999.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(8).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30">36-21A-30</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:08:13 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:08:13"> <META NAME="Description" Content="Administrative Rules 20:69:08:13 Repealed."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:08:13.&nbsp;&nbsp;Real estate law applicable.</b>Repealed.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 4 SDR 71, effective April 30, 1978; 5 SDR 21, effective September 21, 1978; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;&nbsp;20:56:17:41, 20 SDR 18, effective August 16, 1993; repealed, 26 SDR 41, effective September 29, 1999.</p> </div> </body> </html> <br /><hr><br /><html> <head> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <title>Rule 20:69:09 REAL ESTATE APPRAISERS</title> <META NAME="Keywords" Content="Administrative Rules 20:69:09"> <META NAME="Description" Content="Administrative Rules 20:69:09 REAL ESTATE APPRAISERS"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p align=center><b>CHAPTER <a href="DisplayRule.aspx?Rule=20:69:09">20:69:09</a></b></p> <p align=center><b>&nbsp;</b></p> <p align=center><b>REAL ESTATE APPRAISERS</b></p> <p align=center>(Repealed. 23 SDR 110, effective January 9, 1997)</p> </div> </body> </html> <br /><hr><br /><html> <head> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <title>Rule 20:69:10 STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE</title> <META NAME="Keywords" Content="Administrative Rules 20:69:10"> <META NAME="Description" Content="Administrative Rules 20:69:10 STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p align=center><b>CHAPTER <a href="DisplayRule.aspx?Rule=20:69:10">20:69:10</a></b></p> <p align=center><b>STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE</b></p> <p>Section</p> <p><a href="DisplayRule.aspx?Rule=20:69:10:01">20:69:10:01</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Definitions.</p> <p><a href="DisplayRule.aspx?Rule=20:69:10:02">20:69:10:02</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Departure provisions.</p> <p><a href="DisplayRule.aspx?Rule=20:69:10:03">20:69:10:03</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Standards for developing an appraisal.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:10:01 Definitions.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:10:01"> <META NAME="Description" Content="Administrative Rules 20:69:10:01 Definitions."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:10:01.&nbsp;&nbsp;Definitions.</b> The following terms apply to this chapter:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;&quot;Analysis,&quot; the act or process of providing information, recommendations, or conclusions on diversified problems in real estate other than estimating value, for another and for compensation;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;&quot;Appraisal,&quot; the act or process of estimating value of real estate for another and for compensation;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;&quot;Cash flow analysis,&quot; an analysis of the anticipated movement of cash in or out of real estate;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;&quot;Feasibility analysis,&quot; an analysis of the cost-benefit relationship of an economic endeavor;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;&quot;Investment analysis,&quot; an analysis that reflects the relationship between acquisition price and anticipated future benefits of a real estate investment;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)&nbsp;&nbsp;&quot;Market analysis,&quot; an analysis of real estate market conditions for a specific type of property;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)&nbsp;&nbsp;&quot;Report,&quot; any communication, written or oral, of an appraisal, review, or analysis; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8)&nbsp;&nbsp;&quot;Review,&quot; the act or process of critically studying a report prepared by another, for another, and for compensation.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:18.01:01, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:10:02 Departure provisions.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:10:02"> <META NAME="Description" Content="Administrative Rules 20:69:10:02 Departure provisions."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:10:02.&nbsp;&nbsp;Departure provisions.</b> An appraiser may enter into an agreement to perform an assignment that calls for something less than, or different from, the work that would otherwise be required by the specific guidelines if, before entering into such an agreement the appraiser has determined that the assignment to be performed is not so limited in scope that the resulting appraisal, review, or analysis would tend to mislead or confuse the client, the users of the report, or the public and the appraiser has advised the client that the assignment calls for something less than, or different from, the work required by the specific guidelines and therefore the report will include a qualification that reflects the limited or differing scope of the appraisal, review, or analysis.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:18.01:02, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:10:03 Standards for developing an appraisal.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:10:03"> <META NAME="Description" Content="Administrative Rules 20:69:10:03 Standards for developing an appraisal."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069100000300d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2009-07-01T15:33:00Z</o:Created> <o:LastSaved>2009-07-01T15:33:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>102</o:Words> <o:Characters>587</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>4</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>688</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> 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style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:10:03.&nbsp;&nbsp;Standards for developing an appraisal.</b> In developing an appraisal, a broker or broker associate under a broker's supervision must be aware of, understand, and correctly employ the recognized methods and techniques as required by &#167;&nbsp;20:14:06:01.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 15 SDR 100, effective January 10, 1989; transferred from &#167;&nbsp;20:56:18.01:03, 20 SDR 18, effective August 16, 1993; 21 SDR 125, effective January 23, 1995; 26 SDR 41, effective September 29, 1999; 29 SDR 48, effective October 10, 2002; 30 SDR 40, effective September 30, 2003; 32 SDR 53, effective October 11, 2005; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-90">36-21A-90.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-90">36-21A-90.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.se3377127-be15-4713-8d14-292264682ae3P0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: center; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } 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</span><a href="https://sdlegislature.gov/Rules?Rule=20:69:11"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000000">20:69:11</span></a></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3000001"> </span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0">POST</span><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0">-</span><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0">LICENSING AND CONTINUING EDUCATION</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3000001"> </span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3000001"> </span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">Section</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:01"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Continuing education defined.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:01.01"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:01.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Distance education defined.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:01.02"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:01.02</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Independent study defined.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:01.03"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:01.03</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Interactive defined.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:01.04"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:01.04</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Standards for distance education.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:01.05"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:01.05</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Required continuing education subject areas.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:01.06"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:01.06</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Elective continuing education subject areas.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:02"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:02</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Continuing education requirements.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:02.01"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:02.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Postlicensing education defined.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:02.02"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:02.02</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Postlicensing education course requirements -- Time to complete.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:03"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:03</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Classroom hour.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:03.01"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:03.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Length of course.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:04"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:04</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Requirements </span><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">for inactive licensee </span><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">-- Exceptions.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:04.01"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:04.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Requirements for nonresidents -- Exceptions.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:05"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:05</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Exceptions and extensions.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:06"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:06</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Nonqualifying courses.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:07"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:07</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Criteria for post</span><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">-</span><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">licensing or continuing education course approval.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000005"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:07.01"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:07.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Criteria for distance education or independent study course approval.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:08"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:08</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Application for approval of classroom instruction -- Fee required.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000006"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:08.01"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:08.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Application for approval of distance education or independent study courses -- Fee required.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000006"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:08.02"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:08.02</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Additional requirements for distance education courses.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000006"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:08.03"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:08.03</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Student certification required.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000006"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:08.04"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:08.04</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Classroom, distance education, and independent study course application fees -- Postlicensing course as continuing education course subject to application fee.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:09"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:09</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Approval of out-of-state courses.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000005"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:10"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:10</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        ARELLO certified courses approved for postlicensing or continuing education.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:11"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:11</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Certificate of approval.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:11.01"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:11.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Course accreditation renewal.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:11.02"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:11.02</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Course accreditation reinstatement.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:12"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:12</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Material change.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:13"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:13</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Denial of approval for a course or instructor.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:13.01"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:13.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Withdrawal of approval for a course or instructor.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:14"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:14</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Same or duplicate courses.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:15"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:15</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Repealed.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:16"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:16</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Repealed.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:17"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:17</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Facilities.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:17.01"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:17.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Schedule.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:18"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:18</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Auditing.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:19"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:19</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Postlicensing or continuing education certificate of attendance.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:19.01"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:19.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">    Course provider reporting requirements -- Course evaluation.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:20"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:20</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Preregistration allowed -- Notice of cancellation required.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:21"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:21</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Limit on independent study courses.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:22"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:22</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Instructors.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000005"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:23"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:23</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Application for approval of instructors -- Guest speakers exempt.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000005"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:24"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:24</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Utilization of guest speakers -- Résumé to accompany course application.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000006"><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:25"><span style="white-space: pre-wrap;" class="se3377127-be15-4713-8d14-292264682ae3C0-000004">20:69:11:25</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3C0-000003">        Certificate of instructor approval -- Approval certificates not issued to guest speakers.</span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3000001"> </span></p><p dir="ltr" class="se3377127-be15-4713-8d14-292264682ae3P0-000002"><span style="white-space: pre-wrap;" xml:space="preserve" class="se3377127-be15-4713-8d14-292264682ae3000001"> </span></p></div></body></html><br /><hr><br /><html> <head> <title>Rule 20:69:11:01 Continuing education defined.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:01"> <META NAME="Description" Content="Administrative Rules 20:69:11:01 Continuing education defined."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 14 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:11.0pt; font-family:"Calibri","sans-serif";} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:01.&nbsp;&nbsp;Continuing education defined.</b> As used in this chapter, continuing education means accredited educational experience derived from a licensee's participation in approved lectures, seminars, or courses on real estate law, or in other related areas in real estate that have been approved by the commission, to maintain and improve the professional skills and upgrade the standard of all real estate licensees.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 5 SDR 12, effective August 21, 1978; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from &#167;&nbsp;20:56:19:01, 20 SDR 18, effective August 16, 1993; 23 SDR 110, effective January 9, 1997; 28 SDR 28, effective September 2, 2001; 41 SDR 219, effective July 1, 2015.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:01.01 Distance education defined.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:01.01"> <META NAME="Description" Content="Administrative Rules 20:69:11:01.01 Distance education defined."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:01.01.&nbsp;&nbsp;Distance education defined.</b> As used in this chapter, a distance education course is one in which instruction takes place in other than a traditional classroom setting, the instructor and student are in physically separate locations, and instructional methods include interactive video-based instruction, computer conferencing, interactive audio, interactive computer software, and internet-based instruction.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 25 SDR 90, effective December 28, 1998; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:01.02 Independent study defined.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:01.02"> <META NAME="Description" Content="Administrative Rules 20:69:11:01.02 Independent study defined."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:01.02.&nbsp;&nbsp;Independent study defined.</b> As used in this chapter, an independent study is a course in which no interaction with an instructor is planned or implied as part of the learning process.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 25 SDR 90, effective December 28, 1998.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:01.03 Interactive defined.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:01.03"> <META NAME="Description" Content="Administrative Rules 20:69:11:01.03 Interactive defined."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:01.03.&nbsp;&nbsp;Interactive defined.</b> As used in this chapter, interactive means the course structure and technologies promote active student involvement with the course content, including the ability to access or bypass optional content, submit questions or answer test items and receive direct feedback, and communicate with other students and the instructor on an immediate or reasonably delayed basis. Interactive instruction specifically excludes courses that only provide passive delivery of instructional content.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 25 SDR 90, effective December 28, 1998.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:01.04 Standards for distance education.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:01.04"> <META NAME="Description" Content="Administrative Rules 20:69:11:01.04 Standards for distance education."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:01.04.&nbsp;&nbsp;Standards for distance education.</b> A distance education course must provide mastery of the material. The course must:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Divide the material into major learning units, each of which is further divided into modules of instruction;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Specify learning objectives for each learning unit or module of instruction. Learning objectives must be comprehensive enough to ensure that if all the objectives are met, the entire content of the course will be mastered;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;Specify an objective, quantitative criterion for mastery used for each learning objective and provide a structured learning method designed to enable students to attain each objective;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;Provide a means of diagnostic assessment of each student's performance on an ongoing basis during each module of instruction, including appropriate remediation where required; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;Require that the student demonstrate adequate comprehension of all material covered by the learning objectives for the module or unit before completing that module or unit.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 25 SDR 90, effective December 28, 1998.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> </div> </body> </html> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0 { 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.s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s7dffef3c-eb8e-4099-a302-c4d1ced93a82000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0-000003 { 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="s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:01.05"><span style="white-space: pre-wrap;" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0-000000">20:69:11:01.05</span></a><span style="white-space: pre-wrap;" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0-000001">.  Required continuing education subject areas.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0"> Required continuing education subject areas may only be in the following subject areas:</span></p><p dir="ltr" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82000002"> </span></p><p dir="ltr" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">    (1)  Real estate ethics;</span></p><p dir="ltr" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">    (2)  Legislative issues that influence real estate practice including both pending and recent legislation;</span></p><p dir="ltr" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">    (3)  The administration of licensing provisions of real estate law and the administrative rules;</span></p><p dir="ltr" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">    (4)  Real estate brokerage, including agency, contracts, trust accounting, fiduciary duties, and risk management;</span></p><p dir="ltr" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">    (5)  Fair housing:</span></p><p dir="ltr" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">    (6)  Environmental issues;</span></p><p dir="ltr" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">    (7)  Antitrust; and</span></p><p dir="ltr" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">    (8)  The Americans with Disabilities Act</span><span style="white-space: pre-wrap;" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">; and</span></p><p dir="ltr" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">    (9)  Property Management, including financial management of a property, landlord and tenant procedures and operations, and fiduciary duties related to property management.</span></p><p dir="ltr" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82000002"> </span></p><p dir="ltr" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">    </span><span style="white-space: pre-wrap;" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0"> 41 SDR 219, effective July 1, 2015</span><span style="white-space: pre-wrap;" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">; 49 SDR 51, effective November 27, 2022</span><span style="white-space: pre-wrap;" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">.</span></p><p dir="ltr" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">    </span><span style="white-space: pre-wrap;" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0-000001">General Authority:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-63"><span style="white-space: pre-wrap;" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0-000003">36-21A-63</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-89"><span style="white-space: pre-wrap;" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0-000003">36-21A-89</span></a><span style="white-space: pre-wrap;" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">.</span></p><p dir="ltr" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">    </span><span style="white-space: pre-wrap;" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0-000001">Law Implemented:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-62"><span style="white-space: pre-wrap;" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0-000003">36-21A-62</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-63"><span style="white-space: pre-wrap;" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0-000003">36-21A-63</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-89"><span style="white-space: pre-wrap;" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0-000003">36-21A-89</span></a><span style="white-space: pre-wrap;" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">(7)</span><span style="white-space: pre-wrap;" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82C0">.</span></p><p dir="ltr" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s7dffef3c-eb8e-4099-a302-c4d1ced93a82000002"> </span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.s31b219ab-6de6-4adb-aff8-30742cd46d0aP0 { 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.s31b219ab-6de6-4adb-aff8-30742cd46d0aC0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s31b219ab-6de6-4adb-aff8-30742cd46d0aC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s31b219ab-6de6-4adb-aff8-30742cd46d0aC0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s31b219ab-6de6-4adb-aff8-30742cd46d0a000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s31b219ab-6de6-4adb-aff8-30742cd46d0aC0-000003 { 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="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:01.06"><span style="white-space: pre-wrap;" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0-000000">20:69:11:01.06</span></a><span style="white-space: pre-wrap;" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0-000001">.  Elective continuing education subject areas.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0"> Elective continuing education subject areas may only be in the following subject areas:</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0a000002"> </span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (1)  Real estate finance;</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (2)  Real estate market measurement and evaluation, including site, evaluations, market data, and feasibility studies;</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (3)  Real estate mathematics;</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (4)  Real property management;</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (5)  Real property exchange;</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (6)  Land development, use, planning, and zoning;</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (7)  Real estate securities and syndication;</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (8)  Real estate portfolio management;</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (9)  Accounting and taxation as applied to real property;</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (10)  Real estate business planning;</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (11)  Real estate appraisal;</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (12)  Real estate marketing procedures;</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (13)  Technology as applied to the practice of real estate;</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (14)  Home inspection;</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (15)  Real estate negotiation</span><span style="white-space: pre-wrap;" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">;</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (16)  Real estate investment; and</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    (17)  Real estate safety.</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0a000002"> </span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    </span><span style="white-space: pre-wrap;" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0"> 41 SDR 219, effective July 1, 2015</span><span style="white-space: pre-wrap;" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">; 48 SDR 60, effective December 6, 2021</span><span style="white-space: pre-wrap;" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">.</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    </span><span style="white-space: pre-wrap;" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0-000001">General Authority:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-63"><span style="white-space: pre-wrap;" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0-000003">36-21A-63</span></a><span style="white-space: pre-wrap;" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">.</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">    </span><span style="white-space: pre-wrap;" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0-000001">Law Implemented:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-62"><span style="white-space: pre-wrap;" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0-000003">36-21A-62</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-63"><span style="white-space: pre-wrap;" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0-000003">36-21A-63</span></a><span style="white-space: pre-wrap;" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aC0">.</span></p><p dir="ltr" class="s31b219ab-6de6-4adb-aff8-30742cd46d0aP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s31b219ab-6de6-4adb-aff8-30742cd46d0a000002"> </span></p></div></body></html><br /><hr><br /><html> <head> <title>Rule 20:69:11:02 Continuing education requirements.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:02"> <META NAME="Description" Content="Administrative Rules 20:69:11:02 Continuing education requirements."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 14 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:11.0pt; font-family:"Calibri","sans-serif";} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:02.&nbsp;&nbsp;Continuing education requirements.</b> A licensee shall complete 24 hours of continuing education in the subject areas prescribed in &#167;&#167;&nbsp;20:</span><span style='font-size:12.0pt;font-family:"Times","serif"'>69:11:01.05 and 20:69:11:01.06. At least 12 of the 24 hours must be in the required subject areas as described in </span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>&#167;&nbsp;20:69:11:01.05.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 18 SDR 101, effective December 17, 1991; transferred from &#167;&nbsp;20:56:19:02.01, 20 SDR 18, effective August 16, 1993; 24 SDR 172, effective June 16, 1998; 26 SDR 41, adopted September 29, 1999, effective January 1, 2000; 28 SDR 28, effective September 2, 2001; 41 SDR 219, effective July 1, 2015</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:02.01 Postlicensing education defined.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:02.01"> <META NAME="Description" Content="Administrative Rules 20:69:11:02.01 Postlicensing education defined."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 14 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:11.0pt; font-family:"Calibri","sans-serif";} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:02.01.&nbsp;&nbsp;Postlicensing education defined.</b> As used in this chapter, postlicensing education means the curriculum of continuing education that a broker associate is required to complete within the first two active license cycles after initial licensure. The subject areas are prescribed by the commission and build on the basic real estate principles and practices acquired during the prelicensing education courses.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 35 SDR 305, effective July 1, 2009; 41 SDR 219, effective July 1, 2015.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.2">36-21A-30.2.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.2">36-21A-30.2.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html> <head> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 14 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:11.0pt; font-family:"Calibri","sans-serif";} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>          <b>20:69:11:02.02.&nbsp;&nbsp;Postlicensing education course requirements -- Time to complete.</b> All sixty hours of postlicensing education must include study in the required continuing education subject areas as described in §&nbsp;20:69:11:01.05. Any hours a licensee has completed in the subject areas of negotiation, business planning, technology, or marketing before July 1, 2015, count towards the licensee's postlicensing education requirement.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>          Upon completion of the postlicensing education requirements, broker associates must comply with the continuing education requirements pursuant to SDCL 36-21A-62 and §&nbsp;20:69:11:02 for all subsequent renewal cycles.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>          <b>Source:</b> 35 SDR 305, effective July 1, 2009; 41 SDR 219, effective July 1, 2015.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>          <b>General Authority:</b> SDCL 36-21A-30.2.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>          <b>Law Implemented:</b> SDCL 36-21A-30.2.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html> <head> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 14 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:11.0pt; font-family:"Calibri","sans-serif";} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>          <b>20:69:11:03.&nbsp;&nbsp;Classroom hour.</b> A classroom hour is a period of at least 50 minutes of actual classroom instruction out of each 60-minute segment. Additional study assignments are not counted as hours of classroom instruction.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>          <b>Source:</b> 5 SDR 12, effective August 21, 1978; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:19:03, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001; 41 SDR 219, effective July 1, 2015.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>          <b>General Authority:</b> SDCL 36-21A-89(9).</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>          <b>Law Implemented:</b> SDCL 36-21A-62, 36-21A-63.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:03.01 Length of course.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:03.01"> <META NAME="Description" Content="Administrative Rules 20:69:11:03.01 Length of course."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:03.01.&nbsp;&nbsp;Length of course.</b> No more than eight hours of instruction may be offered in one day.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62.</A></p> </div> </body> </html> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.s3d35da0e-4a56-4216-9af5-368d992afd5cP0 { 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.s3d35da0e-4a56-4216-9af5-368d992afd5cC0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s3d35da0e-4a56-4216-9af5-368d992afd5cC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s3d35da0e-4a56-4216-9af5-368d992afd5cC0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s3d35da0e-4a56-4216-9af5-368d992afd5c000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s3d35da0e-4a56-4216-9af5-368d992afd5cC0-000003 { 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="s3d35da0e-4a56-4216-9af5-368d992afd5cP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:04"><span style="white-space: pre-wrap;" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0-000000">20:69:11:04</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0-000001">.  Requirements </span><span style="white-space: pre-wrap;" xml:space="preserve" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0-000001">for inactive licensee </span><span style="white-space: pre-wrap;" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0-000001">-- Exceptions.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0"> An inactive licensee is not required to meet the </span><span style="white-space: pre-wrap;" xml:space="preserve" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0">continuing education </span><span style="white-space: pre-wrap;" xml:space="preserve" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0">requirements. An inactive licensee who wishes to activate the individual's license </span><span style="white-space: pre-wrap;" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0">shall</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0"> complete 24 hours of continuing education within the licensee's current licensing period or within two years preceding the licensee's current licensing period. A licensee whose license is placed on inactive status during either of the first two license cycles after initial licensure </span><span style="white-space: pre-wrap;" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0">shall</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0"> complete the postlicensing education required during that cycle to activate the license. Courses taken to activate a license may not be used to renew a license.</span></p><p dir="ltr" class="s3d35da0e-4a56-4216-9af5-368d992afd5cP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s3d35da0e-4a56-4216-9af5-368d992afd5c000002"> </span></p><p dir="ltr" class="s3d35da0e-4a56-4216-9af5-368d992afd5cP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0">    </span><span style="white-space: pre-wrap;" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0"> 5 SDR 12, effective August 21, 1978; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from § 20:56:19:04, 20 SDR 18, effective August 16, 1993; 35 SDR 305, effective July 1, 2009; 37 SDR 112, effective December 8, 2010; 41 SDR 219, effective July 1, 2015</span><span style="white-space: pre-wrap;" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0">; 48 SDR 60, effective December 6, 2021</span><span style="white-space: pre-wrap;" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0">.</span></p><p dir="ltr" class="s3d35da0e-4a56-4216-9af5-368d992afd5cP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0">    </span><span style="white-space: pre-wrap;" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0-000001">General Authority:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-89"><span style="white-space: pre-wrap;" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0-000003">36-21A-89</span></a><span style="white-space: pre-wrap;" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0">(7)</span><span style="white-space: pre-wrap;" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0">.</span></p><p dir="ltr" class="s3d35da0e-4a56-4216-9af5-368d992afd5cP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0">    </span><span style="white-space: pre-wrap;" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0-000001">Law Implemented:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-65"><span style="white-space: pre-wrap;" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0-000003">36-21A-65</span></a><span style="white-space: pre-wrap;" class="s3d35da0e-4a56-4216-9af5-368d992afd5cC0">.</span></p><p dir="ltr" class="s3d35da0e-4a56-4216-9af5-368d992afd5cP0"><span style="white-space: pre-wrap;" xml:space="preserve" class="s3d35da0e-4a56-4216-9af5-368d992afd5c000002"> </span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.sb092e507-57fd-4fe4-89dc-f3e8d082a1d7P0 { 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.sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sb092e507-57fd-4fe4-89dc-f3e8d082a1d7000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000003 { 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="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:04.01"><span style="white-space: pre-wrap;" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000000">20</span><span style="white-space: pre-wrap;" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000000">:</span><span style="white-space: pre-wrap;" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000000">69</span><span style="white-space: pre-wrap;" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000000">:</span><span style="white-space: pre-wrap;" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000000">11</span><span style="white-space: pre-wrap;" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000000">:</span><span style="white-space: pre-wrap;" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000000">04.01</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000001">.  </span><span style="white-space: pre-wrap;" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000001">Requirements for nonresidents -- Exceptions</span><span style="white-space: pre-wrap;" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000001">.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0"> A nonresident licensee licensed in this state is not required to meet the continuing education requirements.</span></p><p dir="ltr" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7000002"> </span></p><p dir="ltr" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0">    A nonresident licensee in inactive status in this state who seeks to make the license active shall first provide a certificate of licensure to the commission staff from the licensing agency of the state where the nonresident licensee maintains residency, stating the nonresident's license is on active status and in good standing and that no complaint is pending.</span></p><p dir="ltr" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7000002"> </span></p><p dir="ltr" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0">    </span><span style="white-space: pre-wrap;" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0"> 48 SDR 60, effective December 6, 2021.</span></p><p dir="ltr" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0">    </span><span style="white-space: pre-wrap;" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000001">General Authority:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-89"><span style="white-space: pre-wrap;" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000003">36-21A-89</span></a><span style="white-space: pre-wrap;" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0">(3).</span></p><p dir="ltr" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0">    </span><span style="white-space: pre-wrap;" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000001">Law Implemented:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-65"><span style="white-space: pre-wrap;" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0-000003">36-21A-65</span></a><span style="white-space: pre-wrap;" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7C0">.</span></p><p dir="ltr" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="sb092e507-57fd-4fe4-89dc-f3e8d082a1d7000002"> </span></p></div></body></html><br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:11:05 Exceptions and extensions.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:05"> <META NAME="Description" Content="Administrative Rules 20:69:11:05 Exceptions and extensions."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069110000500d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2009-07-01T15:33:00Z</o:Created> <o:LastSaved>2009-07-01T15:33:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>80</o:Words> 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v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:11:05.&nbsp;&nbsp;Exceptions and extensions.</b> The commission may exempt a nonresident licensee from the continuing education requirements if the licensee meets the requirements of SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-54">36-21A-54</A> and &#167;&nbsp;20:69:03:22.01.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 5 SDR 12, effective August 21, 1978; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from &#167;&nbsp;20:56:19:05, 20 SDR 18, effective August 16, 1993; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-54">36-21A-54.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-54">36-21A-54.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:06 Nonqualifying courses.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:06"> <META NAME="Description" Content="Administrative Rules 20:69:11:06 Nonqualifying courses."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 14 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:11.0pt; font-family:"Calibri","sans-serif";} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:06.&nbsp;&nbsp;Nonqualifying courses.</b> The following courses do not qualify for postlicensing or continuing education purposes:</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Courses in mechanical office and business skills, such as typing, keyboarding, speed-reading, memory improvement, language, and report writing;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Sales promotion or other meetings held in conjunction with a licensee's general business;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;A course certified by the use of a challenge examination. All students must complete the required number of classroom hours to receive certification;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;Meetings which are a normal part of the in-house staff or employee training;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;Orientation courses for licensees, such as those offered through local real estate boards;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)&nbsp;&nbsp;Development courses for instructors;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)&nbsp;&nbsp;Personal development or motivational courses; and</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8)&nbsp;&nbsp;Courses designed to promote the sale of a product or service.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 5 SDR 12, effective August 21, 1978; 10 SDR 54, effective December 5, 1983; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; 18 SDR 101, effective December 17, 1991; transferred from &#167;&nbsp;20:56:19:06, 20 SDR 18, effective August 16, 1993; 23 SDR 110, effective January 9, 1997; 28 SDR 28, effective September 2, 2001; 35 SDR 305, effective July 1, 2009; 41 SDR 219, effective July 1, 2015.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.2">36-21A-30.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.2">36-21A-30.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0 { margin-top: 0; 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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="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:11:07"><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0-000000">20:69:11:07</span></a><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0-000001">.  Criteria for post</span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0-000001">-</span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0-000001">licensing or continuing education course approval.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0"> The commission may approve any course, seminar, conference, or equivalent that is provided by the commission, </span><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">or by </span><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">a public or private school, organization, association, person, corporation, society, or similar organization. The commission, </span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">to approve</span><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0"> a course, shall </span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">require that</span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">:</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28000002"> </span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">    (1)  </span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">A course has</span><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0"> a total instruction time of not less than three hours;</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28000002"> </span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">    (2)  A course offered via electronic means with real time visual and audio interaction between instructor and student, allows the instructor or a proctor to continuously view all participating students on a monitor or other viewing device or screen, or otherwise demonstrates to the executive director s satisfaction the capability to track and record the presence and participation of students;</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28000002"> </span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">    (</span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">3</span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">)  A course provider certify to the best of its knowledge the attendance of each student at the course. The course provider shall submit its criteria for measuring attendance in the application for course approval on a form provided by the commission;</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28000002"> </span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">    (</span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">4</span><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">)  </span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">A</span><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0"> course provider maintain for a minimum of three years records of students successfully completing a course;</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28000002"> </span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">    (</span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">5</span><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">)  Credit </span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">is</span><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0"> earned on the basis of attendance or, in the case of independent study or distance education courses, completion of the course;</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28000002"> </span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">    (</span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">6</span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">)  Each course of study have a coordinator or administrator supervising the program. The coordinator must be qualified, either through previous education or experience, to administer a real estate course of study, to evaluate course content and instructors, and to analyze examinations; and</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28000002"> </span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">    (</span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">7</span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">)  All instructors in a real estate course of study file with the commission credentials showing the necessary specialized preparation, training, and experience to ensure competent instruction. The commission shall approve each instructor individually. Approval must be obtained from the commission before the instructor's lecture in an approved course of study. Instructors, lecturers, seminar leaders, and others who present a post</span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">-</span><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">licensing or continuing education course must </span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">have</span><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0"> at least one of the following qualifications:</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28000002"> </span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">        (a)  A bachelor's, graduate, or postgraduate degree in the field in which the person is to teach;</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28000002"> </span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">        (b)  A valid teaching credential or certificate from South Dakota or another state authorizing the holder to teach in the field of instruction being offered;</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28000002"> </span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">        (c)  Five </span><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">years of </span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">full-time experience in a professional, trade, or technical occupation in the applicable field;</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28000002"> </span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">        (d)  Any combination of at least five years of full-time applicable field experience and college</span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">-</span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">level education; or</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28000002"> </span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">        (e)  Expertise in specialized courses as approved by the commission.</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28000002"> </span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">    In addition to meeting at least one of the qualifications in (a) to (e), inclusive, an instructor seeking approval to teach real estate agency law specific to South Dakota </span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">shall</span><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0"> complete an approved training course.</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28000002"> </span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">    </span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0-000001">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0"> 5 SDR 12, effective August 21, 1978; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from § 20:56:19:07, 20 SDR 18, effective August 16, 1993; 24 SDR 172, effective June 16, 1998; 25 SDR 90, effective December 28, 1998; 28 SDR 28, effective September 2, 2001; 35 SDR 305, effective July 1, 2009</span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">; 48 SDR 60, effective December 6, 2021</span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">.</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">    </span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0-000001">General Authority:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-30.2"><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0-000003">36-21A-30.2</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-63"><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0-000003">36-21A-63</span></a><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">.</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">    </span><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0-000001">Law Implemented:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-30.2"><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0-000003">36-21A-30.2</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21A-63"><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0-000003">36-21A-63</span></a><span style="white-space: pre-wrap;" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28C0">.</span></p><p dir="ltr" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28P0"><span style="white-space: pre-wrap;" xml:space="preserve" class="se8fbb976-16d8-48fa-a38c-2e5a8c3a9c28000002"> </span></p></div></body></html><br /><hr><br /><html> <head> <title>Rule 20:69:11:07.01 Criteria for distance education or independent study course approval.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:07.01"> <META NAME="Description" Content="Administrative Rules 20:69:11:07.01 Criteria for distance education or independent study course approval."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:07.01.&nbsp;&nbsp;Criteria for distance education or independent study course approval.</b> The commission may approve any course that is provided by the commission, a public or private school, organization, person, corporation, society, or similar organization. The commission, when acting on an application for approval of a course, shall consider the following minimum criteria:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;The course provider must specify the learning objectives for each lesson and clearly demonstrate that the course covers the required subject matter. Objectives must be specific to ensure that all relative content is covered adequately to ensure mastery of the objectives;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;The course provider must demonstrate that the course includes the same or reasonably similar informational content as a course that would otherwise qualify for the requisite number of hours of classroom-based instruction, and that students must proceed through and demonstrate comprehension of all the material;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;If the course is a distance education course, it must include consistent and regular interactive events as appropriate to the medium. The interactive elements must be designed to promote student involvement in the learning process, and must directly support the student's achievement of the course's learning objectives. The course approval submission must identify the types of interactive events included in the course and specify how the interactive events contribute to the achievement of the stated learning objectives;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;The course must require that the student demonstrate mastery of the learning objectives as designated for each lesson in order to successfully complete the lesson. The course must provide a mechanism of individual remediation to correct any deficiencies identified during the instruction and assessment process. In independent study courses, this remediation may be accomplished by quizzes or other exercises with detailed rationales in the answer key provided to students.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;The course provider must measure, at regular intervals, the student's progress toward and completion of the mastery requirement of each lesson or module covering all the required subject matter. In the case of computer-based instruction, the course software must include automatic shutdown after a period of inactivity;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)&nbsp;&nbsp;The applicant must demonstrate that approved instructors are available to answer student questions regarding course content at reasonable times and by reasonable means, including in-person contact, individual and conference telephone calls, E-mail, and fax. Communication by written postal correspondence alone is insufficient to satisfy the requirements of this subdivision.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)&nbsp;&nbsp;The course provider shall provide reasonable security to ensure that the student who receives credit for the course is the student who enrolled in and completed the course. Both the school and the student must certify in writing that the student has successfully completed the course; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8)&nbsp;&nbsp;The course provider must require that the student pass an appropriate exam to successfully complete and receive credit. An examination will be considered appropriate if it contains at least five multiple-choice questions for each hour of credit and requires a minimum passing score of 80 percent.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 25 SDR 90, effective December 28, 1998; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:08 Application for approval of classroom instruction -- Fee required.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:08"> <META NAME="Description" Content="Administrative Rules 20:69:11:08 Application for approval of classroom instruction -- Fee required."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 14 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:11.0pt; font-family:"Calibri","sans-serif";} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:08.&nbsp;&nbsp;Application for approval of classroom instruction -- Fee required.</b> An application for approval of classroom instruction shall be on a form provided by the commission. The application must be filed with the commission at least 20 days before a course is offered and must be accompanied by an application fee pursuant to &#167;&nbsp;20:69:11:08.04. The application form shall include the following information and enclosures:</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Name, address, and telephone number of the course provider;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;The title of the course;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;A complete description or copies of all materials to be distributed to the participants;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;The date and exact location of each presentation of the course;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;The duration and time of course;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)&nbsp;&nbsp;A comprehensive, detailed outline of the subject matter together with course objectives, the time sequence of each segment, faculty for each segment, and teaching technique used in each segment;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)&nbsp;&nbsp;The method of evaluation of the program;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8)&nbsp;&nbsp;The procedure for measuring attendance; and</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9)&nbsp;&nbsp;A description of the faculty, including name, professional educational background, and practical or teaching experience. A complete résumé shall be furnished.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 5 SDR 12, effective August 21, 1978; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from &#167;&nbsp;20:56:19:08, 20 SDR 18, effective August 16, 1993; 25 SDR 90, effective December 28, 1998; 28 SDR 28, effective September 2, 2001; 41 SDR 219, effective July 1, 2015.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:08.01 Application for approval of distance education or independent study courses -- Fee required.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:08.01"> <META NAME="Description" Content="Administrative Rules 20:69:11:08.01 Application for approval of distance education or independent study courses -- Fee required."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:08.01.&nbsp;&nbsp;Application for approval of distance education or independent study courses -- Fee required.</b> An application for approval of a distance education or independent study course shall be on a form provided by the commission and must be accompanied by an application fee pursuant to §&nbsp;20:69:11:08.04. The application form shall include the following information and enclosures:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Name, address, and telephone number of the course provider;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Course title;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;The specific subject matter requirement met by the course;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;The names of any instructor who will be available to answer student questions, the means of contact, and the hours of availability;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;The overall structure, functioning, and administration of the proposed course;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)&nbsp;&nbsp;A complete list of all lessons, modules, and learning objectives for each;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)&nbsp;&nbsp;An explanation of the remediation process which is in effect to accomplish mastery of material when specific deficiencies are identified; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8)&nbsp;&nbsp;A description of the procedures used to ensure exam security.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 25 SDR 90, effective December 28, 1998; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:08.02 Additional requirements for distance education courses.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:08.02"> <META NAME="Description" Content="Administrative Rules 20:69:11:08.02 Additional requirements for distance education courses."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:08.02.&nbsp;&nbsp;Additional requirements for distance education courses.</b> In addition to the requirements of §&nbsp;20:69:11:08.01, an application for approval of a distance education course must include the following:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;A complete description of any hardware, software, or other technology to be used by the provider and needed by the student to effectively engage in the delivery and completion of the course material and an assessment of the availability and adequacy of the equipment, software, or other technologies to the achievement of the course's instructional claims; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;An explanation of how the course measures, documents, and records that the student has engaged in the required interactive exercises, achieved the required level of mastery, and spent the required amount of time completing the course and how the course provides protection against loss of student data due to hardware of software failure or against inadvertent loss by the student.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 25 SDR 90, effective December 28, 1998.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:08.03 Student certification required.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:08.03"> <META NAME="Description" Content="Administrative Rules 20:69:11:08.03 Student certification required."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 14 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:11.0pt; font-family:"Calibri","sans-serif";} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:08.03.&nbsp;&nbsp;Student certification required.</b> Any school offering an approved distance education or independent study course must obtain from each student a statement attesting that all assignments and examinations completed are the work of the enrolled student.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 25 SDR 90, effective December 28, 1998; 28 SDR 28, effective September 2, 2001; 41 SDR 219, effective July 1, 2015.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman","serif"'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:11:08.04 Classroom, distance education, and independent study course application fees -- Postlicensing course as continuing education course subject to application fee.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:08.04"> <META NAME="Description" Content="Administrative Rules 20:69:11:08.04 Classroom, distance education, and independent study course application fees -- Postlicensing course as continuing education course subject to application fee."> <meta http-equiv=Content-Type content="text/html; 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</span><b style='mso-bidi-font-weight:normal'>20:69:11:08.04.&nbsp;&nbsp;Classroom, distance education, and independent study course application fees -- Postlicensing course as continuing education course subject to application fee.</b> Course application fees include the following:<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <div align=center> <table class=MsoNormalTable border=1 cellspacing=0 cellpadding=0 style='margin-left:5.4pt;border-collapse:collapse;border:none;mso-border-alt: solid windowtext .5pt;mso-padding-alt:0in 5.4pt 0in 5.4pt;mso-border-insideh: .5pt solid windowtext;mso-border-insidev:.5pt solid windowtext'> <tr style='mso-yfti-irow:0;page-break-inside:avoid;height:29.3pt'> <td width=150 valign=top style='width:112.25pt;border:solid windowtext 1.0pt; mso-border-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt;height:29.3pt'> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><b style='mso-bidi-font-weight:normal'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></b></p> </td> <td width=110 valign=top style='width:82.6pt;border:solid windowtext 1.0pt; border-left:none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt: solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt;height:29.3pt'> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><b style='mso-bidi-font-weight:normal'><span style='font-family:"Times New Roman"'>Continuing<o:p></o:p></span></b></p> <h3><b style='mso-bidi-font-weight:normal'>Education<o:p></o:p></b></h3> </td> <td width=110 valign=top style='width:82.6pt;border:solid windowtext 1.0pt; border-left:none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt: solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt;height:29.3pt'> <h3><b style='mso-bidi-font-weight:normal'>Renewal<o:p></o:p></b></h3> </td> </tr> <tr style='mso-yfti-irow:1'> <td width=150 valign=top style='width:112.25pt;border-top:none;border-left: solid windowtext 1.0pt;border-bottom:solid windowtext 1.0pt;border-right: none;mso-border-top-alt:solid windowtext .5pt;mso-border-top-alt:solid windowtext .5pt; mso-border-left-alt:solid windowtext .5pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 5.4pt 0in 5.4pt'> <h6 align=center style='text-align:center'>Classroom</h6> </td> <td width=110 valign=top style='width:82.6pt;border:solid windowtext 1.0pt; border-top:none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>$<span style='mso-spacerun:yes'>&nbsp; </span>75.00<o:p></o:p></span></p> </td> <td width=110 valign=top style='width:82.6pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>$50.00<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:2'> <td width=150 valign=top style='width:112.25pt;border:solid windowtext 1.0pt; border-top:none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><b style='mso-bidi-font-weight:normal'><span style='font-family:"Times New Roman"'>Distance Education<o:p></o:p></span></b></p> </td> <td width=110 valign=top style='width:82.6pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-spacerun:yes'>&nbsp; </span>150.00<o:p></o:p></span></p> </td> <td width=110 valign=top style='width:82.6pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-spacerun:yes'>&nbsp; </span>50.00<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:3'> <td width=150 valign=top style='width:112.25pt;border:solid windowtext 1.0pt; border-top:none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><b style='mso-bidi-font-weight:normal'><span style='font-family:"Times New Roman"'>Independent Study<o:p></o:p></span></b></p> </td> <td width=110 valign=top style='width:82.6pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>75.00<o:p></o:p></span></p> </td> <td width=110 valign=top style='width:82.6pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-spacerun:yes'>&nbsp; </span>50.00<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:4'> <td width=150 valign=top style='width:112.25pt;border:solid windowtext 1.0pt; border-top:none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><b style='mso-bidi-font-weight:normal'><span style='font-family:"Times New Roman"'>ARELLO Certified<o:p></o:p></span></b></p> </td> <td width=110 valign=top style='width:82.6pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-spacerun:yes'>&nbsp;&nbsp; </span>50.00<o:p></o:p></span></p> </td> <td width=110 valign=top style='width:82.6pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-spacerun:yes'>&nbsp; </span>50.00<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:5;mso-yfti-lastrow:yes'> <td width=150 valign=top style='width:112.25pt;border:solid windowtext 1.0pt; border-top:none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><b style='mso-bidi-font-weight:normal'><span style='font-family:"Times New Roman"'>Seminar<o:p></o:p></span></b></p> </td> <td width=110 valign=top style='width:82.6pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>15.00/hour<o:p></o:p></span></p> </td> <td width=110 valign=top style='width:82.6pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>n/a<o:p></o:p></span></p> </td> </tr> </table> </div> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>A postlicensing course offered as a continuing education course is subject to a continuing education course application fee as described in this section.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 28 SDR 28, effective September 2, 2001; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.2">36-21A-30.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.2">36-21A-30.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:11:09 Approval of out-of-state courses.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:09"> <META NAME="Description" Content="Administrative Rules 20:69:11:09 Approval of out-of-state courses."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069110000900d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>1</o:TotalTime> <o:Created>2009-07-01T15:33:00Z</o:Created> <o:LastSaved>2009-07-01T15:33:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>161</o:Words> <o:Characters>922</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>7</o:Lines> <o:Paragraphs>2</o:Paragraphs> <o:CharactersWithSpaces>1081</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:11:09.&nbsp;&nbsp;Approval of out-of-state courses.</b> If a South Dakota licensee enrolls in a continuing education course approved by another state's real estate regulatory agency, that course may be used to meet postlicensing or continuing education requirements in South Dakota.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>Proof of the other state's approval and course completion are required before the credits are accepted by the commission.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>Courses must meet content and length requirements consistent with &#167;&nbsp;20:69:11:01, 20:69:11:03.01, and 20:69:11:07.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>Application for approval of the out-of-state course must be made to the commission on a form provided by the commission within 60 days after the date that the course was completed.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from &#167;&nbsp;20:56:19:08.01, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.2">36-21A-30.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.2">36-21A-30.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:11:10 ARELLO certified courses approved for postlicensing or continuing education.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:10"> <META NAME="Description" Content="Administrative Rules 20:69:11:10 ARELLO certified courses approved for postlicensing or continuing education."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069110001000d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2009-07-01T15:33:00Z</o:Created> <o:LastSaved>2009-07-01T15:33:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>137</o:Words> <o:Characters>782</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>6</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>918</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:11:10.&nbsp;&nbsp;ARELLO certified courses approved for postlicensing or continuing education.</b> The commission may approve courses certified by the Association of Real Estate License Law Officials if appropriate documentation that the ARELLO certification is in effect and that the course meets the content requirements of &#167;&nbsp;20:69:11:01 is provided. Approval under this section shall cease if the ARELLO certification is discontinued.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from &#167;&nbsp;20:56:19:08.02, 20 SDR 18, effective August 16, 1993; repealed, 21 SDR 125, effective January 23, 1995; readopted, 25 SDR 90, effective December 28, 1998; 28 SDR 28, effective September 2, 2001; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.2">36-21A-30.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.2">36-21A-30.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:11 Certificate of approval.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:11"> <META NAME="Description" Content="Administrative Rules 20:69:11:11 Certificate of approval."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:11.&nbsp;&nbsp;Certificate of approval.</b> The commission shall grant a certificate of approval for each course approved by the commission. The certificate remains valid for three years. A certificate of approval for a seminar course shall be valid for the duration of the seminar.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 5 SDR 12, effective August 21, 1978; 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:19:09, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:11:11.01 Course accreditation renewal.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:11.01"> <META NAME="Description" Content="Administrative Rules 20:69:11:11.01 Course accreditation renewal."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069110001101d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2009-07-01T15:33:00Z</o:Created> <o:LastSaved>2009-07-01T15:33:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>61</o:Words> <o:Characters>354</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>2</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>414</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:11:11.01.&nbsp;&nbsp;Course accreditation renewal.</b> The course provider of a postlicensing or continuing education course must apply for renewal of the course prior to the date of expiration of the certificate of approval.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 29 SDR 48, effective October 10, 2002; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.2">36-21A-30.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.2">36-21A-30.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:11.02 Course accreditation reinstatement.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:11.02"> <META NAME="Description" Content="Administrative Rules 20:69:11:11.02 Course accreditation reinstatement."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:11.02.&nbsp;&nbsp;Course accreditation reinstatement.</b> A course approval that has expired may be reinstated if a renewal application is filed within six months of the date of expiration. A course provider must file a new application for approval of a course that has been expired for more than six months.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 29 SDR 48, effective October 10, 2002.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:12 Material change.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:12"> <META NAME="Description" Content="Administrative Rules 20:69:11:12 Material change."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:12.&nbsp;&nbsp;Material change.</b> A course provider of each approved real estate course shall immediately notify the commission of any material changes contained in the application for approval or in the attached exhibits. A course provider may seek approval of a course subsequent to a course offering by submitting all information requested.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 5 SDR 12, effective August 21, 1978; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:19:12, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:13 Denial of approval for a course or instructor.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:13"> <META NAME="Description" Content="Administrative Rules 20:69:11:13 Denial of approval for a course or instructor."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:13.&nbsp;&nbsp;Denial of approval for a course or instructor.</b> The commission may deny approval of a real estate course or instructor if it is determined that either is not in compliance with SDCL chapter <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A">36-21A</A> and this article. A person aggrieved by denial of approval by the commission may file a written request for a hearing pursuant to §&nbsp;20:69:02:07.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 5 SDR 12, effective August 21, 1978; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:19:13, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:13.01 Withdrawal of approval for a course or instructor.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:13.01"> <META NAME="Description" Content="Administrative Rules 20:69:11:13.01 Withdrawal of approval for a course or instructor."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:13.01. Withdrawal of approval for a course or instructor.</b> If the commission at any time determines that a course or an instructor approved pursuant to chapter 20:69:11 is not continuing to meet the requirements of SDCL chapter <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A">36-21A</A> and this chapter, it shall immediately notify the course provider in writing detailing the deficiencies requiring correction. The approval by the commission shall continue 90 days from the date of the commission's written notice to the course provider, and if, at the expiration of that period, the course provider has failed to correct to the commission's satisfaction the deficiencies noted, the commission may withdraw approval of the course or instructor.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If the commission disciplines an instructor who holds a real estate license for acts committed as a licensee, the commission may also withdraw that instructor's approval as an instructor.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:14 Same or duplicate courses.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:14"> <META NAME="Description" Content="Administrative Rules 20:69:11:14 Same or duplicate courses."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:14.&nbsp;&nbsp;Same or duplicate courses.</b> Credit for a course may be given only once to an individual during a&nbsp; reporting period.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 5 SDR 12, effective August 21, 1978; 10 SDR 54, effective December 5, 1983; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:19:14, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:15 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:15"> <META NAME="Description" Content="Administrative Rules 20:69:11:15 Repealed."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:15.&nbsp;&nbsp;School fees.</b>Repealed.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 5 SDR 12, effective August 21, 1978; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:19:16, 20 SDR 18, effective August 16, 1993; repealed, 23 SDR 110, effective January 9, 1997.</p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:11:16 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:16"> <META NAME="Description" Content="Administrative Rules 20:69:11:16 Repealed."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069110001600d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2009-07-01T15:33:00Z</o:Created> <o:LastSaved>2009-07-01T15:33:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>54</o:Words> <o:Characters>313</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>2</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>366</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:11:16.&nbsp;&nbsp;Notice.</b> Repealed.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 5 SDR 12, effective August 21, 1978; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from &#167;&nbsp;20:56:19:17, 20 SDR 18, effective August 16, 1993; 26 SDR 41, effective September 29, 1999; 28 SDR 28, effective September 2, 2001; repealed, 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:17 Facilities.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:17"> <META NAME="Description" Content="Administrative Rules 20:69:11:17 Facilities."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:17.&nbsp;&nbsp;Facilities.</b> Each course provider must have the classrooms, facilities, equipment, and personnel necessary to implement the course.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 5 SDR 12, effective August 21, 1978; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:19:18, 20 SDR 18, effective August 16, 1993; repealed, 23 SDR 110, effective January 9, 1997; readopted, 25 SDR 90, effective December 28, 1998; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:17.01 Schedule.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:17.01"> <META NAME="Description" Content="Administrative Rules 20:69:11:17.01 Schedule."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:17.01.&nbsp;&nbsp;Schedule.</b> The course provider shall provide a schedule of all courses, including the date, time, and place where they will be offered to the commission before the courses begin.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:18 Auditing.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:18"> <META NAME="Description" Content="Administrative Rules 20:69:11:18 Auditing."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:18.&nbsp;&nbsp;Auditing.</b> The commission or its representatives may audit courses.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 5 SDR 12, effective August 21, 1978; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:19:19, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:11:19 Postlicensing or continuing education certificate of attendance.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:19"> <META NAME="Description" Content="Administrative Rules 20:69:11:19 Postlicensing or continuing education certificate of attendance."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069110001900d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2009-07-01T15:33:00Z</o:Created> <o:LastSaved>2009-07-01T15:33:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>162</o:Words> <o:Characters>930</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>7</o:Lines> <o:Paragraphs>2</o:Paragraphs> <o:CharactersWithSpaces>1090</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:11:19.&nbsp;&nbsp;Postlicensing or continuing education certificate of attendance.</b> A course provider shall provide an individual certificate of attendance to each licensee upon completion of the approved course or seminar. The certificate must contain the licensee's name, the course title, the date, the location of the course, the number of approved credit hours, and the signature of the course sponsor or instructor. The licensee must retain the attendance certificate until the next license renewal period has been completed. No certificate of attendance may be issued to a licensee who is absent for more than ten percent of the classroom hours.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 5 SDR 12, effective August 21, 1978; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from &#167;&nbsp;20:56:19:20, 20 SDR 18, effective August 16, 1993; 23 SDR 110, effective January 9, 1997; 28 SDR 28, effective September 2, 2001; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.2">36-21A-30.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.2">36-21A-30.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-64">36-21A-64.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:19.01 Course provider reporting requirements -- Course evaluation.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:19.01"> <META NAME="Description" Content="Administrative Rules 20:69:11:19.01 Course provider reporting requirements -- Course evaluation."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:19.01.&nbsp;&nbsp;Course provider reporting requirements -- Course evaluation.</b> The course provider must submit a list of participants to the commission within ten days after completion of a course. The course provider must provide a course evaluation form to each licensee for completion. The course provider must submit the completed course evaluations to the commission within ten days after completion of a course.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:20 Preregistration allowed -- Notice of cancellation required.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:20"> <META NAME="Description" Content="Administrative Rules 20:69:11:20 Preregistration allowed -- Notice of cancellation required."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:20.&nbsp;&nbsp;Preregistration allowed -- Notice of cancellation required.</b> A course provider offering approved continuing education courses may require preregistration with a cutoff date for permission to attend. The requirement must be advertised prior to each course. The course provider must notify registrants if the course is cancelled. The notification must be made at least 48 hours before the time of the beginning of the course.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:19:21, 20 SDR 18, effective August 16, 1993; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63.</A></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:11:21 Limit on independent study courses.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:21"> <META NAME="Description" Content="Administrative Rules 20:69:11:21 Limit on independent study courses."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069110002100d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2009-07-01T15:33:00Z</o:Created> <o:LastSaved>2009-07-01T15:33:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>71</o:Words> <o:Characters>411</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>3</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>481</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in right 3.25in 238.5pt left 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:11:21.&nbsp;&nbsp;Limit on independent study courses.</b> No more than six hours of independent study courses may be used in any one period to fulfill continuing education requirements.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 15 SDR 100, effective January 10, 1989; transferred from &#167;&nbsp;20:56:19:22, 20 SDR 18, effective August 16, 1993; 25 SDR 90, effective December 28, 1998; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL<b style='mso-bidi-font-weight:normal'> </b>36-21A-63, 36-21A-89(9).<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-65">36-21A-65.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:11:22 Instructors.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:22"> <META NAME="Description" Content="Administrative Rules 20:69:11:22 Instructors."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069110002200d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2009-07-01T15:33:00Z</o:Created> <o:LastSaved>2009-07-01T15:33:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>62</o:Words> <o:Characters>358</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>2</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>419</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:11:22.&nbsp;&nbsp;Instructors.</b> No instructor may teach postlicensing or continuing education courses unless approved, by name, by the commission. This section does not apply to guest speakers as provided for in &#167;&nbsp;20:69:11:24.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 28 SDR 28, effective September 2, 2001; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.2">36-21A-30.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30.2">36-21A-30.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:23 Application for approval of classroom instructors -- Guest speakers exempt.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:23"> <META NAME="Description" Content="Administrative Rules 20:69:11:23 Application for approval of classroom instructors -- Guest speakers exempt."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:23.&nbsp;&nbsp;Application for approval of instructors -- Guest speakers exempt.</b> An applicant for instructor approval shall apply on a form provided by the commission. A guest speaker is exempt from making application if requesting approval pursuant to §&nbsp;20:69:11:24.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:24 Utilization of guest speakers -- Résumé to accompany course application.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:24"> <META NAME="Description" Content="Administrative Rules 20:69:11:24 Utilization of guest speakers -- Résumé to accompany course application."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:24.&nbsp;&nbsp;Utilization of guest speakers -- Résumé to accompany course application.</b> A course provider may utilize guest speakers with expertise in a particular area in any approved course if an approved instructor is present at the time of the presentation. A course provider may utilize a guest speaker without an approved instructor being present with the prior written approval of the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; An application for approval of a course utilizing guest speakers must include a résumé of each speaker.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:11:25 Certificate of instructor approval -- Approval certificates not issued to guest speakers.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:11:25"> <META NAME="Description" Content="Administrative Rules 20:69:11:25 Certificate of instructor approval -- Approval certificates not issued to guest speakers."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:11:25.&nbsp;&nbsp;Certificate of instructor approval -- Approval certificates not issued to guest speakers.</b> The commission shall grant a certificate of approval for each instructor approved by the commission. Certificates of approval will not be issued to guest speakers who make application pursuant to §&nbsp;20:69:11:24.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-63">36-21A-63</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(9).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-62">36-21A-62.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <title>Rule 20:69:12 TIME-SHARE ESTATES</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12"> <META NAME="Description" Content="Administrative Rules 20:69:12 TIME-SHARE ESTATES"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p align=center><b>CHAPTER <a href="DisplayRule.aspx?Rule=20:69:12">20:69:12</a></b></p> <p align=center><b>TIME-SHARE ESTATES</b></p> <p>Section</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:01">20:69:12:01</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Definitions.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:02">20:69:12:02</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Registration of time-share estates.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:03">20:69:12:03</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Registration fee.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:04">20:69:12:04</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Inspection fee.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:05">20:69:12:05</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Disclosure statement.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:06">20:69:12:06</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Encouragement to read the disclosure statement.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:07">20:69:12:07</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Additional disclosure statement requirements.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:08">20:69:12:08</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nonconforming disclosure statements.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:09">20:69:12:09</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Offer, transfer, or disposal under a void statement.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:10">20:69:12:10</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Additional filings required.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:11">20:69:12:11</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Filing of option unacceptable.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:12">20:69:12:12</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition solicitation requirements for agents.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:13">20:69:12:13</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sales solicitation requirements for agents.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:14">20:69:12:14</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Limitation on plan managers.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:15">20:69:12:15</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Renewal of time-share filings.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:16">20:69:12:16</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Responsible managing employee -- Designation, duties, and change.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:17">20:69:12:17</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Copy of disclosure statement to be given to prospective purchasers.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:18">20:69:12:18</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Issuance of registration number.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:19">20:69:12:19</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Plan manager or RME designated for time-share unit or time-share plan located in the state.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:20">20:69:12:20</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Material change in disclosure statement.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:21">20:69:12:21</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mutual right to cancel contract.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:22">20:69:12:22</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retention of copy of contract.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:23">20:69:12:23</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preexisting time-share unit.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:24">20:69:12:24</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Persons responsible for filing of preexisting time-share plan.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:25">20:69:12:25</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Plan manager for preexisting time-share plan.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:26">20:69:12:26</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mixed-use project containing existing time-share unit or plan.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:27">20:69:12:27</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Law and rules to be available.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:28">20:69:12:28</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Agent and special escrow account.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:29">20:69:12:29</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Plan manager and special account.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:30">20:69:12:30</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Developer and special escrow account.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:31">20:69:12:31</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Developer's escrow agreement when funds deposited.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:32">20:69:12:32</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Developer's escrow agreement when financial plan submitted.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:33">20:69:12:33</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exclusions from funds placed in escrow.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:34">20:69:12:34</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Integrated special escrow account.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:35">20:69:12:35</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Account open for inspection.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:36">20:69:12:36</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unprofessional conduct.</p> <p><a href="DisplayRule.aspx?Rule=20:69:12:37">20:69:12:37</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cause for suspension or revocation.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:01 Definitions.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:01"> <META NAME="Description" Content="Administrative Rules 20:69:12:01 Definitions."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 15 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:12.0pt; font-family:"Times",serif;} a:link, span.MsoHyperlink {color:blue; text-decoration:underline;} a:visited, span.MsoHyperlinkFollowed {color:purple; text-decoration:underline;} .MsoChpDefault {font-size:10.0pt;} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US link=blue vlink=purple> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:01.&nbsp;&nbsp;Definitions.</b> </span><span style='font-family:"Times New Roman",serif'>A</span><span style='font-family:"Times New Roman",serif'>s used in this chapter:</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;&quot;Agent&quot; or &quot;time-share agent&quot;</span><span style='font-family:"Times New Roman",serif'> means</span><span style='font-family:"Times New Roman",serif'> a </span><span style='font-family:"Times New Roman",serif'>time-share agent</span><span style='font-family:"Times New Roman",serif'> licensed by the commission under </span><span style='font-family:"Times New Roman",serif'>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A></span><span style='font-family:"Times New Roman",serif'>;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;&quot;Commission&quot;</span><span style='font-family:"Times New Roman",serif'> means</span><span style='font-family:"Times New Roman",serif'> the South Dakota Real Estate Commission;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;&quot;Developer&quot;</span><span style='font-family:"Times New Roman",serif'> means</span><span style='font-family:"Times New Roman",serif'> a person in the business of creating a time-share project or in the business of selling its own time-share in a project;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;&quot;Facility&quot;</span><span style='font-family:"Times New Roman",serif'> means </span><span style='font-family:"Times New Roman",serif'>a structure, service, or property, whether improved or unimproved, made available to </span><span style='font-family:"Times New Roman",serif'>a</span><span style='font-family: "Times New Roman",serif'> purchaser</span><span style='font-family:"Times New Roman",serif'> of a time-share plan or time-share unit</span><span style='font-family:"Times New Roman",serif'> for </span><span style='font-family:"Times New Roman",serif'>non-commercial</span><span style='font-family:"Times New Roman",serif'> use;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;&quot;Invitee&quot;</span><span style='font-family:"Times New Roman",serif'> means </span><span style='font-family:"Times New Roman",serif'>an individual who is contacted and invited or encouraged to attend a time-share sales presentation;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)&nbsp;&nbsp;&quot;Material change&quot;</span><span style='font-family:"Times New Roman",serif'> means</span><span style='font-family:"Times New Roman",serif'> a change that make</span><span style='font-family:"Times New Roman",serif'>s</span><span style='font-family: "Times New Roman",serif'> </span><span style='font-family:"Times New Roman",serif'>any</span><span style='font-family:"Times New Roman",serif'> information provided in the disclosure statement misleading or that affects the rights and obligations </span><span style='font-family:"Times New Roman",serif'>associated with</span><span style='font-family:"Times New Roman",serif'> a time-share</span><span style='font-family:"Times New Roman",serif'> plan or time-share</span><span style='font-family:"Times New Roman",serif'> unit;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)&nbsp;&nbsp;&quot;Multiple location time-share plan&quot;</span><span style='font-family:"Times New Roman",serif'> means</span><span style='font-family:"Times New Roman",serif'> a time-share plan that includes time-share units located both in this state and in another state or country;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8)&nbsp;&nbsp;&quot;Outside public contact&quot; or &quot;OPC&quot;</span><span style='font-family:"Times New Roman",serif'> means</span><span style='font-family:"Times New Roman",serif'> an individual who contacts invitees but </span><span style='font-family:"Times New Roman",serif'>neither</span><span style='font-family:"Times New Roman",serif'> engage</span><span style='font-family:"Times New Roman",serif'>s</span><span style='font-family: "Times New Roman",serif'> in the sale of time-share interests </span><span style='font-family:"Times New Roman",serif'>n</span><span style='font-family: "Times New Roman",serif'>or perform</span><span style='font-family:"Times New Roman",serif'>s</span><span style='font-family:"Times New Roman",serif'> any other activity </span><span style='font-family:"Times New Roman",serif'>on behalf of a registrant</span><span style='font-family:"Times New Roman",serif'>;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9)&nbsp;&nbsp;&quot;Registrant&quot;</span><span style='font-family:"Times New Roman",serif'> means</span><span style='font-family:"Times New Roman",serif'> a </span><span style='font-family: "Times New Roman",serif'>person</span><span style='font-family:"Times New Roman",serif'> who is required to file with the commission;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1</span><span style='font-family:"Times New Roman",serif'>0</span><span style='font-family: "Times New Roman",serif'>)&nbsp;&nbsp;&quot;Responsible managing employee&quot; or &quot;RME&quot;</span><span style='font-family:"Times New Roman",serif'> means</span><span style='font-family:"Times New Roman",serif'> the individual employed by a registrant who is responsible for the management of the registrant's time-share unit or time-share plan;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1</span><span style='font-family:"Times New Roman",serif'>1</span><span style='font-family: "Times New Roman",serif'>)&nbsp;&nbsp;&quot;State&quot;</span><span style='font-family:"Times New Roman",serif'> means</span><span style='font-family:"Times New Roman",serif'> the state of South Dakota;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1</span><span style='font-family:"Times New Roman",serif'>2</span><span style='font-family: "Times New Roman",serif'>)&nbsp;&nbsp;&quot;Supplementary disclosure statement&quot;</span><span style='font-family:"Times New Roman",serif'> means</span><span style='font-family:"Times New Roman",serif'> an amended disclosure statement filed when there has been a material change;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1</span><span style='font-family:"Times New Roman",serif'>3</span><span style='font-family: "Times New Roman",serif'>)&nbsp;&nbsp;&quot;Time-share operation&quot;</span><span style='font-family:"Times New Roman",serif'> means</span><span style='font-family:"Times New Roman",serif'> a business which, for compensation, solicits or encourages others to attend a time-share sales presentation or to contract with an agent or developer; creates a time-share plan; sells time-share units; sells or offers to sell an interest in a time-share plan for a developer; or undertakes the duties, responsibilities, and obligations of managing a time-share plan;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1</span><span style='font-family:"Times New Roman",serif'>4</span><span style='font-family: "Times New Roman",serif'>)&nbsp;&nbsp;&quot;Time-share unit&quot;</span><span style='font-family:"Times New Roman",serif'> means </span><span style='font-family:"Times New Roman",serif'>the time interval for right to use or occupy.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 10 SDR 121, amended May 17, 1984, retroactively effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from &#167;&nbsp;20:56:20:01, August 16, 1993; 47 SDR 37, effective October 5, 2020.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-1">43-15B-1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-Reference:</b> Limited time-sharing licenses, ch 20:69:13.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:02 Registration of time-share estates.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:02"> <META NAME="Description" Content="Administrative Rules 20:69:12:02 Registration of time-share estates."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:02.&nbsp;&nbsp;Registration of time-share estates.</b> All applications for registration of time-share estates must be on forms approved by the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:20:02, August 16, 1993; 26 SDR 41, effective September 29, 1999.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL&nbsp; <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-4">43-15B-4.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:03 Registration fee.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:03"> <META NAME="Description" Content="Administrative Rules 20:69:12:03 Registration fee."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:03.&nbsp;&nbsp;Registration fee.</b> Applications for registration must be accompanied by a fee of $25 for each time-share unit. The total fee may not exceed $1,000. The fee is payable in advance and must be made to the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 10 SDR 121, amended May 17, 1984, retroactively effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:03, August 16, 1993; 26 SDR 41, effective September 29, 1999.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-4">43-15B-4</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-4">43-15B-4.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:04 Inspection fee.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:04"> <META NAME="Description" Content="Administrative Rules 20:69:12:04 Inspection fee."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:04.&nbsp;&nbsp;Inspection fee.</b> The inspection fee required by SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-5">43-15B-5</A> including actual and necessary expenses shall accompany the application.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:04, August 16, 1993; 26 SDR 41, effective September 29, 1999.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-5">43-15B-5</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:05 Disclosure statement.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:05"> <META NAME="Description" Content="Administrative Rules 20:69:12:05 Disclosure statement."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:05.&nbsp;&nbsp;Disclosure statement.</b> An application for registration must include a disclosure statement.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:05, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:06 Encouragement to read the disclosure statement.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:06"> <META NAME="Description" Content="Administrative Rules 20:69:12:06 Encouragement to read the disclosure statement."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:06.&nbsp;&nbsp;Encouragement to read the disclosure statement.</b> The following must be printed on the bottom half of the face page of the disclosure statement, in centered boldface capital letters:</p> <p><b>THIS HANDBOOK IS PREPARED AND ISSUED BY THE DEVELOPER OF <u>&nbsp;&nbsp;</u></b><b><u>(RESORT NAME)&nbsp; .</u></b><b> THE DEVELOPER STRONGLY ENCOURAGES YOU TO REVIEW THIS HANDBOOK WHEN CONSIDERING THE PURCHASE OF A MEMBERSHIP. </b></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:06, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:07 Additional disclosure statement requirements.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:07"> <META NAME="Description" Content="Administrative Rules 20:69:12:07 Additional disclosure statement requirements."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:07.&nbsp;&nbsp;Additional disclosure statement requirements.</b> In addition to the requirements prescribed in §&nbsp;20:69:12:06, disclosure statements distributed to the public must meet the following requirements:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Provide a brief description of the method by which the time-share plan or units is to be offered;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Provide a description of the amount and types of units offered by the developer for the time-share plan; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;A summary of the developer's escrow agreement.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 10 SDR 121, amended May 17, 1984, retroactively effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:07, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:08 Nonconforming disclosure statements.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:08"> <META NAME="Description" Content="Administrative Rules 20:69:12:08 Nonconforming disclosure statements."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:08.&nbsp;&nbsp;Nonconforming disclosure statements.</b> A disclosure statement not in conformance with the requirements of §§&nbsp;20:69:12:06 and 20:69:12:07 is void.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:12:08, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-2">43-15B-2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:09 Offer, transfer, or disposal under a void statement.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:09"> <META NAME="Description" Content="Administrative Rules 20:69:12:09 Offer, transfer, or disposal under a void statement."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:09.&nbsp;&nbsp;Offer, transfer, or disposal under a void statement.</b> An offer, transfer, or disposal of a time-share unit or plan made under a void disclosure statement is voidable at the option of the purchaser.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:09, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-2">43-15B-2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:10 Additional filings required.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:10"> <META NAME="Description" Content="Administrative Rules 20:69:12:10 Additional filings required."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:10.&nbsp;&nbsp;Additional filings required.</b> In addition to the application, fees, and disclosure statement, a developer shall file the following with the commission to register a time-share project:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;A financial statement not more than 90 days old prepared according to generally accepted accounting principles and certified by the developer or by a certified public accountant. If an audited financial report is filed, it must be the most current report and may not be more than 15 months old. A false or fraudulent financial statement submitted by the developer may be grounds for cancellation, suspension, or revocation of registration;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;A policy of title insurance, a preliminary title report, abstract of title, or certificate of title not more than 90 days old at the time of filing of a time-share plan;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;A certified copy of the articles of incorporation and bylaws, if a corporation, or a partnership registration if a partnership or joint venture at the time of filing a time-share plan;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;A copy of a special escrow agreement as required in §&nbsp;20:69:12:30;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;The name and address of person in the state to receive service of process. Any change of name or address must be promptly reported to the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The format for filing shall be prescribed by the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:10, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-Reference:</b> Accounting principles, §&nbsp;20:37:11:08.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:11 Filing of option unacceptable.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:11"> <META NAME="Description" Content="Administrative Rules 20:69:12:11 Filing of option unacceptable."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:11.&nbsp;&nbsp;Filing of option unacceptable.</b> A developer who has only an option to purchase a property for a time-share plan may not file with the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:11, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-2">43-15B-2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:12 Acquisition solicitation requirements for agents.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:12"> <META NAME="Description" Content="Administrative Rules 20:69:12:12 Acquisition solicitation requirements for agents."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:12.&nbsp;&nbsp;Acquisition solicitation requirements for agents.</b> An agent, including the developer if it is also the agent, may not solicit or encourage others to attend a time-share sales presentation or to contact an agent or developer if the time-share unit is located in the state, whether the solicitation is conducted in the state or out-of-state, unless the agent files and the commission accepts the following:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;The time-share plan or plans for which it is providing prospective purchasers;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Its principal office address and telephone number; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;If a corporation, the name, address, and telephone number of its responsible managing employee.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:12, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:13 Sales solicitation requirements for agents.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:13"> <META NAME="Description" Content="Administrative Rules 20:69:12:13 Sales solicitation requirements for agents."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:13.&nbsp;&nbsp;Sales solicitation requirements for agents.</b> An agent, including the developer if it is also the agent, may not sell or offer to sell an interest in a time-share plan for a developer if the time-share unit is located in the state whether the sale or offer for sale is made in the state or out-of-state, unless the agent files and the commission accepts the following:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;The time-share plan or plans it intends to sell;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Its principal office address and telephone number;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;If a corporation, the name, address, and telephone number of its responsible managing employee; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;A copy of the special escrow agreement as required by §&nbsp;20:69:12:28.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:13, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:14 Limitation on plan managers.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:14"> <META NAME="Description" Content="Administrative Rules 20:69:12:14 Limitation on plan managers."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:14.&nbsp;&nbsp;Limitation on plan managers.</b> A plan manager, including the developer if it is also the plan manager, may not undertake the duties, responsibilities, and obligations of managing a time-share plan if the time-share unit is located in the state unless the plan manager files and the commission accepts the following:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;The time-share plan or plans that it intends to manage;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Its principal office address and telephone number;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;If a corporation, the name, address, and telephone number of its responsible managing employee;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;A sworn statement from the developer listing the plan manager's duties, responsibilities, and obligations;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;A sworn statement from the plan manager stating its duties, responsibilities, and obligations, as set out in §&nbsp;20:69:12:19; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)&nbsp;&nbsp;The address where all accounting records, including receipts, expenditures, and payment vouchers, are maintained.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:14, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:15 Renewal of time-share filings.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:15"> <META NAME="Description" Content="Administrative Rules 20:69:12:15 Renewal of time-share filings."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:15.&nbsp;&nbsp;Renewal of time-share filings.</b> A filing required by this chapter shall be renewed by December 31 of each year on a form prescribed by the commission. Failure to renew by the specified date will result in forfeiture of the right to engage in the sale of a time-share plan. A forfeited registration may be restored within 90 days upon payment of a registration fee of $25 for each time-share unit and meeting all of the renewal requirements. The registration fee shall accompany the renewal application. The fee for renewal may not exceed $250. No sale or offer for sale of a time-share plan may be made until registration has been restored. A current financial statement is required for renewal in the same form as required in §&nbsp;20:69:12:10.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 10 SDR 121, amended May 17, 1984, retroactively effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:15, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-4">43-15B-4</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:16 Responsible managing employee -- Designation, duties, and change.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:16"> <META NAME="Description" Content="Administrative Rules 20:69:12:16 Responsible managing employee -- Designation, duties, and change."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:16.&nbsp;&nbsp;Responsible managing employee -- Designation, duties, and change.</b> The commission may not accept the filing of a corporate time-share agent or corporate plan manager unless the corporation has designated a responsible managing employee and prescribed the RME's duties, responsibilities, and obligations.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The corporate RME is responsible for the direct management of the corporation's time-share operations. The commission does not consider the corporate RME to have the direct management of the corporation's time-share operation unless the RME meets the following requirements:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Is a bona fide employee of the corporation and has direct control, supervision, and management of the corporation's time-share operations;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Has full knowledge and control of the corporation's accounting practices;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;Has full knowledge and control over the moneys belonging to and in the custody of the corporation in connection with the time-share operation; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;Has full access to all books, records, and documents materially related to the corporation's part in the time-share operation whether they are kept in the state or out-of-state.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The name, address, and telephone number of the RME must be filed with the commission. If there is a change in RME, the name of the new RME must be reported to the commission in writing within ten days after the change. A plan manager may manage one or more time-share plans. A plan manager may have one or more RMEs. If a developer or plan manager of two or more time-share plans, at least one of which includes time-share units located in this state, maintains its principal office or has primary management and accounting functions out-of-state, the duties of the RME specified in this section may be divided between two or more RMEs provided that at least one RME is located in the state.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 10 SDR 121, amended May 17, 1984, retroactively effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:16, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-2">43-15B-2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:17 Copy of disclosure statement to be given to prospective purchasers.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:17"> <META NAME="Description" Content="Administrative Rules 20:69:12:17 Copy of disclosure statement to be given to prospective purchasers."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:17.&nbsp;&nbsp;Copy of disclosure statement to be given to prospective purchasers.</b> A registrant or other person attempting to sell a time-share estate or plan shall provide to prospective purchasers a copy of the disclosure statement which is a true, accurate, and complete reproduction of the statement filed and accepted by the commission. The registrant or other person attempting to sell a time-share plan or estate shall give the prospective purchaser an opportunity to read the statement.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prospective purchasers receiving a copy of the disclosure statement shall sign a statement acknowledging receipt of the disclosure statement on a receipt form prescribed by the commission. The receipt must be kept at the principal office of the developer for a period of two years from the date of the receipt and is subject to inspection upon notice by the commission or the commission's representative. If the principal office is not located in this state, the developer is subject to the out-of-state inspection requirements of §&nbsp;20:69:12:19.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:17, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:18 Issuance of registration number.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:18"> <META NAME="Description" Content="Administrative Rules 20:69:12:18 Issuance of registration number."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:18.&nbsp;&nbsp;Issuance of registration number.</b> The commission shall issue a registration number to a time-share plan in consecutive order of receipt of filing provided that the filing complies with the requirements of this chapter. The commission shall print the registration number and the date of acceptance on the upper right-hand corner of the face page of the disclosure statement.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;&nbsp;20:56:20:18, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:19 Plan manager or RME designated for time-share unit or time-share plan located in the state.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:19"> <META NAME="Description" Content="Administrative Rules 20:69:12:19 Plan manager or RME designated for time-share unit or time-share plan located in the state."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:19.&nbsp;&nbsp;Plan manager or RME designated for time-share unit or time-share plan located in the state.</b> All time-share plans must have a plan manager or an RME designated.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; There must be a plan manager or an RME in the state if a time-share unit or time-share plan is located in the state whether or not a time-share unit or time-share plan is offered for sale in the state or out-of-state.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; There must be a plan manager or an RME in the state for a multiple location time-share plan if the plan includes a time-share unit or time-share plan located in the state.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A plan manager's duties, responsibilities, and obligations include the following:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Management and maintenance of the time-share units;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Assessments and the collection of maintenance fees;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;Payment of real property taxes due on the time-share units under the plan manager's authority;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;Supervision of the occupancy scheduling so that time-share unit owners or users will be provided the use of time-share units;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;Provision to time-share owners and users of a copy of the house rules of the building;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)&nbsp;&nbsp;Supervision of the enforcement of the house rules; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)&nbsp;&nbsp;The keeping of a detailed and accurate record, in chronological order, of receipts and expenditures.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All accounting records of the plan manager are subject to inspection by the commission or the commission's representative. Accounting records must be kept at the principal office of the plan manager, which may be located in this state or in another state.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If the accounting records are not kept in this state, they shall be made available for inspection in this state upon notice. If the records are not made available, they shall be inspected at the place where they are kept and all costs, including the travel expense, per diem, and salary of the inspector, must be borne by the plan manager. The commission may require the plan manager to remit the amount of the estimated cost in advance of the inspection. Failure on the part of the plan manager to comply with the commission's request to remit the amount of the estimated cost may be grounds for cancellation, suspension, or revocation of registration of the project.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If the principal office of the developer is not in the state, a failure to make available upon the commission's request bookkeeping records, computer records, or any other records of the developer on the time-share plan may be grounds for cancellation, suspension, or revocation of the plan manager's registration.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:20, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-4">43-15B-4</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-5">43-15B-5</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:20 Material change in disclosure statement.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:20"> <META NAME="Description" Content="Administrative Rules 20:69:12:20 Material change in disclosure statement."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:20.&nbsp;&nbsp;Material change in disclosure statement.</b> A developer shall notify the commission in writing of any material changes in the disclosure statement.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A developer shall file a supplemental disclosure statement which specifies, in detail, the material changes that have occurred.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The supplemental disclosure statement must be filed with the commission within 20 days after the material changes become known to the developer.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Upon acceptance of the supplemental disclosure statement by the commission, a true, accurate, and complete copy of the supplemental disclosure statement must be given to each purchaser adversely affected by the material change and to each prospective purchaser. A receipt from each purchaser and prospective purchaser must be taken and filed as required in §20:69:12:17. The developer is not in violation of this chapter if the purchaser fails to return the receipt and the developer can verify that a statement was sent to the purchaser.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The commission may independently determine that a material change has occurred and&nbsp; require the developer to prepare a supplemental disclosure statement disclosing the material change in a form approved by the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If the purchaser has received title by instrument of record in the sale of an interest in an ownership plan, the developer is not required to give the purchaser a supplemental disclosure statement.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:21, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:21 Mutual right to cancel contract.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:21"> <META NAME="Description" Content="Administrative Rules 20:69:12:21 Mutual right to cancel contract."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:21.&nbsp;&nbsp;Mutual right to cancel contract.</b> A developer or purchaser may cancel a contract by giving the other party written notice within seven calendar days after execution of the contract or after the purchaser's receipt of a disclosure statement, whichever occurs later.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The purchaser is entitled to a refund of all sums paid within 30 days after notice of cancellation if all materials received on the date of sale are returned to a specified address of the seller or within 60 days if all sales materials are not returned.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A developer or agent shall furnish each purchaser at the time the contract for purchase of a membership is signed the following cancellation notice prepared exactly as follows:</p> <p>NOTICE TO BUYER: YOU OR THE DEVELOPER MAY CANCEL THIS TRANSACTION WITHIN SEVEN (7) CALENDAR DAYS AFTER THE EXECUTION OF THE CONTRACT OR AFTER YOUR RECEIPT OF THE DISCLOSURE STATEMENT, WHICHEVER OCCURS LATER. YOU ARE ENTITLED TO A REFUND OF ALL SUMS YOU PAID WITHIN 30 DAYS AFTER NOTICE OF CANCELLATION WHEN ALL MATERIALS RECEIVED ON THE DATE OF SALE ARE RETURNED TO THE ADDRESS STATED BELOW OR WITHIN 60 DAYS IF ALL SALES MATERIALS ARE NOT RETURNED. TO CANCEL THIS TRANSACTION, MAIL OR DELIVER A SIGNED AND DATED WRITTEN CANCELLATION NOTICE TO:</p> <p align=right><b>(Insert name and address of developer)</b></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 10 SDR 121, amended May 17, 1984, retroactively effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:20:22, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:22 Retention of copy of contract.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:22"> <META NAME="Description" Content="Administrative Rules 20:69:12:22 Retention of copy of contract."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:22.&nbsp;&nbsp;Retention of copy of contract.</b> A copy of a contract from each sale of a time-share plan must be retained by the developer for a period of at least one year after the parties to the time-share plan have completely performed all of their obligations.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:23, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:23 Preexisting time-share unit.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:23"> <META NAME="Description" Content="Administrative Rules 20:69:12:23 Preexisting time-share unit."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:23.&nbsp;&nbsp;Preexisting time-share unit.</b> Preexisting time-share units and time-share plans for preexisting time-share units must comply with the requirements of this chapter and the provisions of SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B">43-15B</A> by January 1, 1985.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Time-share units not existing by July 1, 1983, are subject to this chapter when it takes effect.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A developer, agent, or plan manager shall submit evidence, such as an agreement, contract, or document, at the time of filing of a preexisting time-share plan to show that a time-share unit or plan was created prior to July 1, 1983.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preexisting time-share plans must be filed on a form prescribed by the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:24, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:24 Persons responsible for filing of preexisting time-share plan.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:24"> <META NAME="Description" Content="Administrative Rules 20:69:12:24 Persons responsible for filing of preexisting time-share plan."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:24.&nbsp;&nbsp;Persons responsible for filing of preexisting time-share plan.</b> In addition to the requirements of this chapter, a developer, agent, or plan manager presently associated with a preexisting time-share plan shall file at the time of filing of a preexisting time-share plan a certified statement giving the location of the preexisting time-share unit and time-share plan, the number of time-share units, the nature of the ownership of the units, the ownership or use period, the date, and an explanation of how the time-share plan was created, the number of purchasers who purchased time-share plans, and the name and address of the plan manager.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:25, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:25 Plan manager for preexisting time-share plan.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:25"> <META NAME="Description" Content="Administrative Rules 20:69:12:25 Plan manager for preexisting time-share plan."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:25.&nbsp;&nbsp;Plan manager for preexisting time-share plan.</b> A preexisting time-share plan must have a plan manager. Any provision relating to a plan manager in this chapter is applicable to a plan manager of a preexisting time-share plan.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:26, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:26 Mixed-use project containing existing time-share unit or plan.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:26"> <META NAME="Description" Content="Administrative Rules 20:69:12:26 Mixed-use project containing existing time-share unit or plan."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:26.&nbsp;&nbsp;Mixed-use project containing existing time-share unit or plan.</b> Additional time-share units may not be created in a mixed-use project containing an existing time-share unit or time-share plan and a residential unit unless the project is located in a hotel or in a place designated for hotel use, resort use, or transient vacation rentals and all of the requirements of this chapter relating to time-share use are met.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:27, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:27 Law and rules to be available.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:27"> <META NAME="Description" Content="Administrative Rules 20:69:12:27 Law and rules to be available."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:27.&nbsp;&nbsp;Law and rules to be available.</b> A developer or agent must comply with the following:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Have a copy of SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B">43-15B</A> and a copy of this chapter available for inspection by any prospective purchaser;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Advise each prospective purchaser that copies are available at the time any interest in a time-share plan is offered for sale in this state or out-of-state; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;Provide copies upon request.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:28, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:28 Agent and special escrow account.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:28"> <META NAME="Description" Content="Administrative Rules 20:69:12:28 Agent and special escrow account."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:28.&nbsp;&nbsp;Agent and special escrow account.</b> An agent shall establish and maintain a special escrow account in a federally insured depository in this state for the deposit of any moneys received from the purchaser. A special escrow account with a federally insured depository doing business in another state may be established upon approval by the commission; but if all sales are conducted in this state, a special escrow account must be established and maintained in this state.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The escrow agreement shall provide that no moneys received from a purchaser may be disbursed until after the expiration of the seven-day period in which a purchaser may rescind the contract. The agreement shall include a statement on the method of disbursement of funds in escrow.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 16 SDR 36, effective August 29, 1989; transferred from §&nbsp;20:56:20:29, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:29 Plan manager and special account.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:29"> <META NAME="Description" Content="Administrative Rules 20:69:12:29 Plan manager and special account."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:29.&nbsp;&nbsp;Plan manager and special account.</b> A plan manager shall establish and maintain a special account in a bank or trust company in this state for the deposit of any moneys received. A special account with a bank or trust company doing business in another state may be established upon approval by the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:30, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:30 Developer and special escrow account.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:30"> <META NAME="Description" Content="Administrative Rules 20:69:12:30 Developer and special escrow account."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:30.&nbsp;&nbsp;Developer and special escrow account.</b> A developer shall establish and maintain a special escrow account with a bank, licensed escrow company, or a trust company in this state. A special escrow account with a bank, licensed escrow company, or trust company doing business in another state may be established upon approval by the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The developer shall place in the special escrow account all funds, except those excluded by §20:69:12:33, paid by the purchasers of time-share ownership or use plans or submit to the commission for approval a financial plan for the protection of the purchasers.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:31, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:31 Developer's escrow agreement when funds deposited.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:31"> <META NAME="Description" Content="Administrative Rules 20:69:12:31 Developer's escrow agreement when funds deposited."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:31.</b> <b>Developer's escrow agreement when funds deposited.</b> If a developer elects to place in the special escrow account all funds, except those excluded by §&nbsp;20:69:12:33, the escrow agreement must provide for the following:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;The purchaser's right to refund at any time the time-share units or facilities are no longer available as provided in the contract in an amount which represents the purchaser's pro rata share of the moneys in the escrow account;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;If a deed, title, or assignment of lease of the time-share plan free and clear of any liens is transferred to the benefit of the purchaser, withdrawal by the developer of all of the funds which have been placed in escrow on behalf of the purchaser;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;If a deed, title, or assignment of lease of the time-share plan free and clear of any liens is not transferred to the benefit of the purchaser, withdrawal by the developer of a proportion of the moneys placed in escrow which is in the ratio of the time made available to the purchaser in relation to the total amount of time which the purchaser has a right to use under the contract.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:32, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Example:</b></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Examples for subdivision (3):</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;If the total time available to a time-share plan purchaser under the purchaser's plan is 100 days and in a given year the purchaser uses 10 of those days, the time-share plan seller that year may withdraw one-tenth of the moneys placed in escrow for the purchaser.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;If the time-share purchaser is entitled to 10 days a year and it is a 40-year plan, the time share seller may withdraw each year one-fortieth of the moneys placed in escrow for the purchaser.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:32 Developer's escrow agreement when financial plan submitted.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:32"> <META NAME="Description" Content="Administrative Rules 20:69:12:32 Developer's escrow agreement when financial plan submitted."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:32.&nbsp;&nbsp;Developer's escrow agreement when financial plan submitted.</b> If a developer elects to submit a financial plan for protection of the purchasers to the commission for approval, the developer shall furnish the commission a certified statement of a summary of all underlying financial obligations of the time-share plan, including agreements of sale, leases, mortgages, liens, and a projected payment plan which provides for payment in full of all underlying financial obligations before the final receipts from the purchasers of their payments; a description of the source of means by which such payments will be made; and a description of arrangements with banks, licensed escrow companies, trust companies or lending institutions relating to the receipt of purchaser's moneys and disbursements on account of the payment plan.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The developer shall submit an escrow agreement which provides for the following:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;The purchaser's right to refund at any time the time-share units or facilities are no longer available as provided in the contract in an amount which represents the purchaser's pro rata share of the moneys in the escrow account;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Deposit of all funds, except those excluded by §&nbsp;20:69:12:33 paid by the purchasers of the time-share ownership or use plan in the special escrow account;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;Payment in full of all underlying financial obligations of the time-share plan before the final receipts from the purchasers of their payments;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;Modification of the payment plan with the approval of the commission upon change of circumstances. However, any payment plan must provide for payment in full of all underlying obligations before the final receipts from the purchasers of their payments, and no additional encumbrances may be placed on any property subject to the time-share plan without the approval of the commission;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;Collection of funds and making of disbursements by the bank, escrow company, or trust company according to the payment plan submitted to the commission by the developer;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)&nbsp;&nbsp;After payment of the underlying financial obligations, any interests in the time-share property must be conveyed to the purchaser in an ownership plan and in a use plan. The developer shall convey to a disinterested third party, such as a nonprofit corporation or club or trust company, an interest in the property necessary to ensure the use of the property for the period of time conveyed by the developer in the time-share plan; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)&nbsp;&nbsp;Approval by the commission of an amendment to the escrow agreement.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A developer must have the holders of the underlying financial obligations submit to the commission annually statements of balances owing on the underlying financial obligations.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:33, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:33 Exclusions from funds placed in escrow.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:33"> <META NAME="Description" Content="Administrative Rules 20:69:12:33 Exclusions from funds placed in escrow."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:33.&nbsp;&nbsp;Exclusions from funds placed in escrow.</b> Purchaser's funds to be placed in an escrow account need not include operational expenses, such as office expenses and sales commissions, maid services, telephone charges, special assessments, club dues, and maintenance fees.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:34, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:34 Integrated special escrow account.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:34"> <META NAME="Description" Content="Administrative Rules 20:69:12:34 Integrated special escrow account."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:34.&nbsp;&nbsp;Integrated special escrow account.</b> If a developer also performs the function of plan manager and sales agent, it may establish and maintain a single special escrow account in a bank, licensed escrow company, or trust company for the deposit of any moneys received from purchasers.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:35, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:35 Account open for inspection.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:35"> <META NAME="Description" Content="Administrative Rules 20:69:12:35 Account open for inspection."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:35.&nbsp;&nbsp;Account open for inspection.</b> A developer, agent, or plan manager shall provide information on the developer's, agent's, or plan manager's respective account to the commission upon written request. The account is subject to inspection upon notice by the commission or commission's representative. If the accounting records are not kept in this state, provisions on inspections and production of records in §&nbsp;20:69:12:19 of these rules are applicable.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:36, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:36 Unprofessional conduct.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:36"> <META NAME="Description" Content="Administrative Rules 20:69:12:36 Unprofessional conduct."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:36.&nbsp;&nbsp;Unprofessional conduct.</b> A developer or agent of time-share plans or units may not do any of the following:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Use a promotional device without fully disclosing that the device is being used for the purpose of soliciting sales of time-share plans or units;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Misrepresent or deceptively represent a material fact concerning the time-share plans or time-share units, including the following:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a)&nbsp;&nbsp;The amount or period of time the units and facilities will be available to a purchaser;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b)&nbsp;&nbsp;The location or locations of the offered units and facilities;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c)&nbsp;&nbsp;The size, nature, or characteristics of the offered units and facilities;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d)&nbsp;&nbsp;The rights of a purchaser, if any, to exchange the purchaser's rights to units in one location for rights to units in another location; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (e)&nbsp;&nbsp;The contents of the contract or the purchaser's rights, privileges, or benefits under the contract;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;Fail to honor or comply with all provisions of the contract with the purchaser; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;Include, in any contract, provisions purporting to waive a right or benefit provided for purchases pursuant to law.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 16 SDR 36, effective August 29, 1989; transferred from §&nbsp;&nbsp;20:56:20:38, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-71">36-21A-71</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:12:37 Cause for suspension or revocation.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:12:37"> <META NAME="Description" Content="Administrative Rules 20:69:12:37 Cause for suspension or revocation."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:12:37.&nbsp;&nbsp;Cause for suspension or revocation.</b> The commission may suspend or revoke a registration by a developer, agent, or plan manager for violation by the registrant or its employees of any of the provisions of this chapter, chapter 20:69:13, or SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B">43-15B</A> after a hearing conducted pursuant to SDCL 1-26.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:20:39, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-2">43-15B-2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-3">43-15B-3</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 15 (filtered)"> <title>Rule 20:69:13 TIME-SHARE AGENTS</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13"> <META NAME="Description" Content="Administrative Rules 20:69:13 TIME-SHARE AGENTS"> <style> <!-- /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:12.0pt; font-family:"Times",serif;} a:link, span.MsoHyperlink {color:blue; text-decoration:underline;} a:visited, span.MsoHyperlinkFollowed {color:purple; text-decoration:underline;} .MsoChpDefault {font-size:10.0pt;} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US link=blue vlink=purple> <div class=WordSection1> <p class=MsoNormal align=center style='text-align:center'><b><span style='font-family:"Times New Roman",serif'>CHAPTER 20:69:13</span></b></p> <p class=MsoNormal align=center style='text-align:center'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal align=center style='text-align:center'><b><span style='font-family:"Times New Roman",serif'>TIME-SHARE AGENTS</span></b></p> <p class=MsoNormal align=center style='text-align:center'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal align=center style='text-align:center'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>Section</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:01">20:69:13:01</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Definition of time-share agent.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:02">20:69:13:02</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Time-share agents -- License required.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:03">20:69:13:03</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; OPC exempt from licensing.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:04">20:69:13:04</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Persons and organizations exempt from licensing or examination.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:05">20:69:13:05</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Application.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:06">20:69:13:06</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Application fee.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:07">20:69:13:07</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:08">20:69:13:08</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grounds for denial of license.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:09">20:69:13:09</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Examination.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:10">20:69:13:10</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Authorization to take examination.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:11">20:69:13:11</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:12">20:69:13:12</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Administration of examination.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:13">20:69:13:13</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cheating on examination.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:14">20:69:13:14</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Results of examination.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:14.01">20:69:13:14.01</a>&nbsp;&nbsp; Rights to passing score.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:15">20:69:13:15</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Biennial renewal fee.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:16">20:69:13:16</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cancellation of license upon failure to pay fee.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:17">20:69:13:17</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rep</span><span style='font-family:"Times New Roman",serif'>ea</span><span style='font-family: "Times New Roman",serif'>led.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:18">20:69:13:18</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trust account requirements.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:19">20:69:13:19</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Office requirements.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:20">20:69:13:20</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Auditing.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:21">20:69:13:21</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Real estate law applicable.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'><a href="DisplayRule.aspx?Rule=20:69:13:22">20:69:13:22</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Supervising agent.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:01 Definition of time-share agent.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:01"> <META NAME="Description" Content="Administrative Rules 20:69:13:01 Definition of time-share agent."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:01.&nbsp;&nbsp;Definition of time-share agent.</b> A time-share agent is a person who works for another person for compensation and performs at least one of the following functions:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Directly or indirectly lists, sells, exchanges, buys, rents, manages, offers, or attempts to negotiate a sale, option, exchange, purchase, lease, or rental of an interest or use in a time-share estate;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Advertises as engaging in or holds out to be engaged in any of the activities listed in subdivision (1) of this section; or</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;Directly or indirectly negotiates, offers, or attempts to negotiate a loan or financing for the purchase of a time-share estate.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 121, adopted May 17, 1984, retroactively effective January 1, 1984; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:21:00, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-6">36-21A-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:02 Time-share agents -- License required.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:02"> <META NAME="Description" Content="Administrative Rules 20:69:13:02 Time-share agents -- License required."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:02.&nbsp;&nbsp;Time-share agents -- License required.</b> Persons who act as time-share agents within this state must be licensed according to this chapter and must comply with the provisions of this chapter.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:21:01, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:03 OPC exempt from licensing.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:03"> <META NAME="Description" Content="Administrative Rules 20:69:13:03 OPC exempt from licensing."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:03.&nbsp;&nbsp;OPC exempt from licensing.</b> An outside public contact is exempt from licensing under this chapter.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 121, adopted May 17, 1984, retroactively effective January 1, 1984; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:21:01.01, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-6">36-21A-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-Reference:</b> Definitions, §&nbsp;20:69:12:01(8).</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:04 Persons and organizations exempt from licensing or examination.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:04"> <META NAME="Description" Content="Administrative Rules 20:69:13:04 Persons and organizations exempt from licensing or examination."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:04.&nbsp;&nbsp;Persons and organizations exempt from licensing or examination.</b> Real estate brokers are exempt from licensing under this chapter. A real estate broker or salesperson may obtain a time-share license without examination.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:21:02, August 16, 1993; 26 SDR 41, effective September 29, 1999.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:05 Application.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:05"> <META NAME="Description" Content="Administrative Rules 20:69:13:05 Application."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:05.&nbsp;&nbsp;Application.</b> An applicant for a time-share agent's license shall file an application on a form provided by the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:21:03, August 16, 1993; 26 SDR 41, effective September 29, 1999.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(2)</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30">36-21A-30</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:06 Application fee.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:06"> <META NAME="Description" Content="Administrative Rules 20:69:13:06 Application fee."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:06.&nbsp;&nbsp;Application fee.</b> The application fee for a time-share agent's license is $225. </p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 16 SDR 36, effective August 29, 1989; transferred from §&nbsp;20:56:21:05, August 16, 1993; 26 SDR 41, effective September 29, 1999; 29 SDR 48, effective October 10, 2002.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-49">36-21A-49</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-49">36-21A-49</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:07 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:07"> <META NAME="Description" Content="Administrative Rules 20:69:13:07 Repealed."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:07.&nbsp;&nbsp;Photograph to accompany application.</b>Repealed.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:21:06, August 16, 1993; repealed, 26 SDR 41, effective September 29, 1999.</p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:13:08 Grounds for denial of license.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:08"> <META NAME="Description" Content="Administrative Rules 20:69:13:08 Grounds for denial of license."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069130000800d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2009-07-01T15:33:00Z</o:Created> <o:LastSaved>2009-07-01T15:33:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>178</o:Words> <o:Characters>1018</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>8</o:Lines> <o:Paragraphs>2</o:Paragraphs> <o:CharactersWithSpaces>1194</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:13:08.&nbsp;&nbsp;Grounds for denial of license.</b> The commission may deny an application for a license or a renewal of a license on any of the following grounds:<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(1)&nbsp;&nbsp;The applicant has previously been convicted of a felony or of a misdemeanor involving moral turpitude;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(2)&nbsp;&nbsp;The applicant has failed the examination prescribed by the commission;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(3)&nbsp;&nbsp;The applicant has written insufficient funds checks for application or renewal fees;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(4)&nbsp;&nbsp;The applicant has been disciplined for unprofessional conduct by any regulatory agency anywhere within the United States in relation to the applicant's activities as a real estate salesperson or broker or as a time-share agent or broker or similar licensee;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(5)&nbsp;&nbsp;Misstatements, intentional omissions, misrepresentations, or untruths in any application, registration statement, or renewal application.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from &#167;&nbsp;20:56:21:07, August 16, 1993; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(2)</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30">36-21A-30</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-36">36-21A-36</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:09 Examination.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:09"> <META NAME="Description" Content="Administrative Rules 20:69:13:09 Examination."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:09.&nbsp;&nbsp;Examination.</b> Any person, not otherwise exempted by this chapter, who meets the qualifications of this chapter must pass an examination for a time-share agent's license to be given by the commission at a time, place, and in a manner established by the commission. The commission shall determine the contents of the examination and the rating and standards for passing. A passing grade of 75 is required.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:21:08, August 16, 1993; 26 SDR 41, effective September 29, 1999.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(2)</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-36">36-21A-36</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:10 Authorization to take examination.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:10"> <META NAME="Description" Content="Administrative Rules 20:69:13:10 Authorization to take examination."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:10.&nbsp;&nbsp;Authorization to take examination.</b> A person may not take the time-share agent's examination unless authorized by the commission in writing to take the examination.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:21:09, August 16, 1993; 26 SDR 41, effective September 29, 1999.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(2)</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-36">36-21A-36</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:11 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:11"> <META NAME="Description" Content="Administrative Rules 20:69:13:11 Repealed."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:11.&nbsp;&nbsp;Failure to appear for examination.</b>Repealed.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:21:10, August 16, 1993; repealed, 26 SDR 41, effective September 29, 1999.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:12 Administration of examination.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:12"> <META NAME="Description" Content="Administrative Rules 20:69:13:12 Administration of examination."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:12.&nbsp;&nbsp;Administration of examination.</b> The licensing examination must be conducted under the supervision of the executive director of the commission or a designee of the executive director. Identification supplied to the applicant by the commission is required for admission to the examination room. Before beginning the examination, the applicant must certify in writing that the applicant has not solicited or received any information about the contents of the examination about to be written and that during or subsequent to the examination the applicant will not disclose its contents to any person.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:21:11, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-36">36-21A-36</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:13 Cheating on examination.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:13"> <META NAME="Description" Content="Administrative Rules 20:69:13:13 Cheating on examination."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:13.&nbsp;&nbsp;Cheating on examination.</b> The examination of an applicant for a time-share agent's license who is caught cheating during the examination must be declared void.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:21:12, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-36">36-21A-36</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:14 Results of examination.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:14"> <META NAME="Description" Content="Administrative Rules 20:69:13:14 Results of examination."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:14.&nbsp;&nbsp;Results of examination.</b> The applicant must be notified in writing of the examination results.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:21:13, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-36">36-21A-36</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:14.01 Rights to passing score.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:14.01"> <META NAME="Description" Content="Administrative Rules 20:69:13:14.01 Rights to passing score."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:14.01.&nbsp;&nbsp;Rights to passing score.</b> Upon notification that a person has passed the time-share examination, a person has 60 days to apply for a time-share agent's license, or the passing score is forfeited.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 26 SDR 41, effective September 29, 1999.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(2)</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(2)</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:15 Biennial renewal fee.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:15"> <META NAME="Description" Content="Administrative Rules 20:69:13:15 Biennial renewal fee."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:15.&nbsp;&nbsp;Biennial renewal fee.</b> The biennial renewal fee for a time-share agent's license is $125.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 13 SDR 31, effective September 23, 1986, effective January 1, 1988; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:21:16, August 16, 1993; 26 SDR 41, effective September 29, 1999; 29 SDR 48, effective October 10, 2002.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-61">36-21A-61</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-61">36-21A-61</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:16 Cancellation of license upon failure to pay fee.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:16"> <META NAME="Description" Content="Administrative Rules 20:69:13:16 Cancellation of license upon failure to pay fee."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:16.&nbsp;&nbsp;Cancellation of license upon failure to pay fee.</b> Failure to remit the renewal fee or registration statement or both by the registration deadline automatically cancels the license of a time-share agent. In addition, if an insufficient funds check is presented to the commission for payment of the renewal fee, the commission may cancel the license of the time-share agent.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:21:17, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-61">36-21A-61</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:17 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:17"> <META NAME="Description" Content="Administrative Rules 20:69:13:17 Repealed."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 15 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:12.0pt; font-family:"Times",serif;} a:link, span.MsoHyperlink {color:blue; text-decoration:underline;} a:visited, span.MsoHyperlinkFollowed {color:purple; text-decoration:underline;} .MsoChpDefault {font-size:10.0pt;} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US link=blue vlink=purple> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:17.&nbsp;&nbsp;Replacement of license and change of address.</b> </span><span style='font-family:"Times New Roman",serif'>Repealed</span><span style='font-family:"Times New Roman",serif'>.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 18 SDR 101, effective December 17, 1991; transferred from &#167;&nbsp;20:56:21:19, August 16, 1993; 34 SDR 323, effective July 3, 2008; 47 SDR 37, effective October 5, 2020.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:18 Trust account requirements.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:18"> <META NAME="Description" Content="Administrative Rules 20:69:13:18 Trust account requirements."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:18.&nbsp;&nbsp;Trust account requirements.</b> All the requirements relating to trust accounts imposed by SDCL Chapter <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A">36-21A</A> or Article 20:69 upon real estate agents apply to time-share agents.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:21:20, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-References:</b></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Handling of money received by broker for principal, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-80">36-21A-80.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposit slip and ledger sheet for special trust account, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-82">36-21A-82.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Documents kept by broker remitting immediately to principal, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-83">36-21A-83.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Completed transaction required for compensation of broker, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-84">36-21A-84.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acts constituting unprofessional conduct, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-71">36-21A-71(5).</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:19 Office requirements.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:19"> <META NAME="Description" Content="Administrative Rules 20:69:13:19 Office requirements."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:19.&nbsp;&nbsp;Office requirements.</b> A time-share agent must have an office physically located in the state of South Dakota before transacting any sales of real estate located in the state of South Dakota.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:21:21, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-51">36-21A-51</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:20 Auditing.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:20"> <META NAME="Description" Content="Administrative Rules 20:69:13:20 Auditing."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:20.&nbsp;&nbsp;Auditing.</b> The time-share agent must maintain all records of all sales transactions made within this state at the office required by §&nbsp;20:69:13:19, and these records are subject to audit by the commission or its agents.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:21:22, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:21 Real estate law applicable.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:21"> <META NAME="Description" Content="Administrative Rules 20:69:13:21 Real estate law applicable."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:21.&nbsp;&nbsp;Real estate law applicable.</b> Unless inconsistent with this chapter and chapter 20:69:12, the real estate law contained in SDCL Chapter <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A">36-21A</A> and Article 20:69 applies to time-share agents.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 10 SDR 121, amended May 17, 1984, retroactively effective January 1, 1984; 12 SDR 151, 12 SDR 155, effective July 1, 1986; transferred from §&nbsp;20:56:21:24, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:13:22 Supervising agent.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:13:22"> <META NAME="Description" Content="Administrative Rules 20:69:13:22 Supervising agent."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:13:22.&nbsp;&nbsp;Supervising agent.</b> A developer must designate a real estate broker or time-share agent licensed in South Dakota as the supervising agent who has general superintending control over all time-share agents employed in South Dakota by that person. The supervising agent is also responsible for the actions of all outside public contacts who are employed by the principal or by the supervising agent.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 10 SDR 68, effective January 1, 1984; 10 SDR 121, amended May 17, 1984, retroactively effective January 1, 1984; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:21:25, August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-6">43-15B-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-15B-7">43-15B-7.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-Reference:</b> Definitions, §&nbsp;20:69:12:01(3).</p> </div> </body> </html> <br /><hr><br /><html> <head> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <title>Rule 20:69:14 PROPERTY MANAGERS</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14"> <META NAME="Description" Content="Administrative Rules 20:69:14 PROPERTY MANAGERS"> <style> <!-- --> </style> </head> <body lang=EN-US link=blue vlink=purple> <div> <p align=center><b>CHAPTER 20:69:14</b></p> <p align=center><b>PROPERTY MANAGERS</b></p> <p>Section</p> <p><a href="DisplayRule.aspx?Rule=20:69:14:01">20:69:14:01</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Property manager license.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14:02">20:69:14:02</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Persons to whom license law applicable.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14:02.01">20:69:14:02.01</a>&nbsp;&nbsp; Qualifications of applicants.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14:03">20:69:14:03</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exemptions from examination.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14:04">20:69:14:04</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trust account requirements.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14:05">20:69:14:05</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Auditing.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14:06">20:69:14:06</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Contracts to be in writing.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14:07">20:69:14:07</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Full disclosure required.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14:08">20:69:14:08</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Real estate law applicable.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14:09">20:69:14:09</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Powers of commission in disciplinary matters.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14:10">20:69:14:10</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Broker subject to chapter.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14:11">20:69:14:11</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial obligations and records.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14:12">20:69:14:12</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Property management accounting.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14:13">20:69:14:13</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Required continuing education during initial biennial licensing cycle.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14:01 Property manager license.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14:01"> <META NAME="Description" Content="Administrative Rules 20:69:14:01 Property manager license."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14:01.&nbsp;&nbsp;Property manager license.</b> The property manager license is a restricted broker's license pursuant to SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:22:02, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14:02 Persons to whom license law applicable.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14:02"> <META NAME="Description" Content="Administrative Rules 20:69:14:02 Persons to whom license law applicable."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14:02.&nbsp;&nbsp;Persons to whom license law applicable.</b> A person may not act as a property manager in this state unless the person holds a property manager license pursuant to this chapter or otherwise complies with the provisions of this chapter. Individuals must be licensed as individual property managers. Partnerships, associations, or corporations must be licensed as firms.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:22:03, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-27">36-21A-27</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-28">36-21A-28</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-37">36-21A-37</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-38">36-21A-38</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-Reference: </b>Persons and entities exempted from this chapter, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-29">36-21A-29.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14:02.01 Qualifications of applicants.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14:02.01"> <META NAME="Description" Content="Administrative Rules 20:69:14:02.01 Qualifications of applicants."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14:02.01.&nbsp;&nbsp;Qualifications of applicants.</b> An applicant for a property manager's license, in addition to the other requirements in SDCL chapter <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A">36-21A</A>, shall furnish evidence of completion of 40 hours of education within the two years before the date of application in a course on the fundamentals of property management.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 23 SDR 110, effective January 9, 1997; 28 SDR 28, effective September 2, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14:03 Exemptions from examination.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14:03"> <META NAME="Description" Content="Administrative Rules 20:69:14:03 Exemptions from examination."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14:03.&nbsp;&nbsp;Exemptions from examination.</b> A real estate broker may obtain a property manager license without an examination. A broker associate may manage property independently of a responsible broker if the broker associate has fulfilled the education and experience requirements of SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-31">36-21A-31.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:22:04, 20 SDR 18, effective August 16, 1993; 23 SDR 110, effective January 9, 1997; 26 SDR 41, effective September 29, 1999.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-6">36-21A-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-References:</b> Broker defined, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-6">36-21A-6.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14:04 Trust account requirements.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14:04"> <META NAME="Description" Content="Administrative Rules 20:69:14:04 Trust account requirements."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14:04.&nbsp;&nbsp;Trust account requirements.</b> All of the requirements relating to trust accounts imposed by SDCL Chapter <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A">36-21A</A> or this article on real estate brokers apply to property managers.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:22:29, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-80">36-21A-80</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-82">36-21A-82.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-References:</b></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Handling of money received by broker for principal, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-80">36-21A-80.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposit slip and ledger sheet for special trust account, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-82">36-21A-82.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acts constituting unprofessional conduct, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-71">36-21A-71(5).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial obligations and records, §&nbsp;20:69:14:11.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14:05 Auditing.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14:05"> <META NAME="Description" Content="Administrative Rules 20:69:14:05 Auditing."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14:05.&nbsp;&nbsp;Auditing.</b> The property manager must maintain all records of all South Dakota transactions at the property manager's office. These records are subject to audit by the commission or its agents.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:22:30, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30">36-21A-30</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14:06 Contracts to be in writing.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14:06"> <META NAME="Description" Content="Administrative Rules 20:69:14:06 Contracts to be in writing."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14:06.&nbsp;&nbsp;Contracts to be in writing.</b> Before a property manager performs any services, the property manager and client must enter into a written management agreement specifying the duties and conditions under which the property manager is to perform services. A management agreement may include a provision for automatic renewal at expiration if it contains a provision for written cancellation on terms agreeable to all parties to the agreement.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:22:31, 20 SDR 18, effective August 16, 1993; 23 SDR 110, effective January 9, 1997.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30">36-21A-30</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14:07 Full disclosure required.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14:07"> <META NAME="Description" Content="Administrative Rules 20:69:14:07 Full disclosure required."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14:07.&nbsp;&nbsp;Full disclosure required.</b> In all dealings between a client and property manager, the property manager must inform the client of all liabilities, costs, and other financial obligations that may be incurred by the client if the client uses the services of the property manager.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:22:32, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14:08 Real estate law applicable.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14:08"> <META NAME="Description" Content="Administrative Rules 20:69:14:08 Real estate law applicable."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14:08.&nbsp;&nbsp;Real estate law applicable.</b> Unless inconsistent with this chapter, the real estate law contained in SDCL Chapter <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A">36-21A</A> and this article applies to property managers.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:22:33, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:14:09 Powers of commission in disciplinary matters.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14:09"> <META NAME="Description" Content="Administrative Rules 20:69:14:09 Powers of commission in disciplinary matters."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069140000900d_files/filelist.xml"> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2009-07-01T15:33:00Z</o:Created> <o:LastSaved>2009-07-01T15:33:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>91</o:Words> <o:Characters>521</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>4</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>611</o:CharactersWithSpaces> <o:Version>10.6845</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:PunctuationKerning/> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:14:09.&nbsp;&nbsp;Powers of commission in disciplinary matters.</b> The commission shall discipline a property manager in the same manner as it disciplines a licensed real estate broker or salesperson.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 15 SDR 100, effective January 10, 1989; transferred from &#167;&nbsp;20:56:22:34, 20 SDR 18, effective August 16, 1993; 35 SDR 305, effective July 1, 2009.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(5).</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-68">36-21A-68.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Cross-References:</b><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>Acts constituting unprofessional conduct, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-71">36-21A-71.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>Procedure on revocation -- Appeal, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-86">36-21A-86.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>Disciplinary proceedings, chapter 20:69:05.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14:10 Broker subject to chapter.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14:10"> <META NAME="Description" Content="Administrative Rules 20:69:14:10 Broker subject to chapter."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14:10.&nbsp;&nbsp;Broker subject to chapter.</b> A real estate broker who acts as a property manager is subject to the provisions of this chapter.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:22:35, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-71">36-21A-71.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14:11 Financial obligations and records.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14:11"> <META NAME="Description" Content="Administrative Rules 20:69:14:11 Financial obligations and records."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14:11.&nbsp;&nbsp;Financial obligations and records.</b> A property manager must deposit all security deposits, damage deposits, advance fees, and rental proceeds received in a federally insured financial institution and must make a full accounting to the client. Rental proceeds must be disbursed pursuant to the contract between the property manager and owner. Records related to the receipt, deposit, maintenance, and withdrawal of the funds must be maintained for four years following the termination of a management contract.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 15 SDR 100, effective January 10, 1989; transferred from §&nbsp;20:56:22:36, 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-80">36-21A-80</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-82">36-21A-82.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-References:</b></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amount of deposit, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-32-6.1">43-32-6.1.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return of deposit, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=43-32-24">43-32-24.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Handling of money, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-88">36-21A-88.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14:12 Property management accounting.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14:12"> <META NAME="Description" Content="Administrative Rules 20:69:14:12 Property management accounting."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14:12.&nbsp;&nbsp;Property management accounting.</b> A property manager shall prepare and maintain a receipts and disbursements journal or a check register for each trust account. Tenant security deposits must be maintained as a separate balance in the owner's ledger or in a tenant ledger account. Receipts and disbursements must be posted at least once each month, and all trust accounts must be reconciled at least once each month. Prenumbered receipt documents must be completed for any currency received by the property manager which belongs to a principal.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 18 SDR 101, effective December 17, 1991; transferred from §&nbsp;20:56:22:37, 20 SDR 18, effective August 16, 1993; 21 SDR 125, effective January 23, 1995; 23 SDR 110, effective January 9, 1997.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-71">36-21A-71.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14:13 Required continuing education during initial biennial licesning cycle.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14:13"> <META NAME="Description" Content="Administrative Rules 20:69:14:13 Required continuing education during initial biennial licesning cycle."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 15 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin-top:0in; margin-right:0in; margin-bottom:10.0pt; margin-left:0in; line-height:115%; font-size:11.0pt; font-family:"Calibri",sans-serif;} a:link, span.MsoHyperlink {color:blue; text-decoration:underline;} a:visited, span.MsoHyperlinkFollowed {color:purple; text-decoration:underline;} .MsoChpDefault {font-family:"Calibri",sans-serif;} .MsoPapDefault {margin-bottom:10.0pt; line-height:115%;} @page WordSection1 {size:8.5in 11.0in; margin:49.7pt 1.0in 49.7pt 63.35pt;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US link=blue vlink=purple> <div class=WordSection1> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;text-align: justify;line-height:normal'><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>20</span></b><b><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>:</span></b><b><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>69</span></b><b><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>:</span></b><b><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>14</span></b><b><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>:</span></b><b><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>13</span></b><b><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>.&nbsp;&nbsp;</span></b><b><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>Required continuing education during initial biennial licensing cycle</span></b><b><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>.</span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>Any property manager licensed after January 1, 2019 shall provide to the commission proof of participation in not less than 30 hours of approved continuing education in the initial licensing cycle. Continuing education hours shall be in subject areas under </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>&#167;</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'> 20:69:11:01.05. Property managers who have completed the initial licensing cycle continuing education shall be subject to continuing education requirements as defined in 20:69:11:02.</span></p> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;text-align: justify;line-height:normal'><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></p> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;text-align: justify;line-height:normal'><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>45</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'> SDR </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>45</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>, effective </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>October 9, 2018</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>.</span></p> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;text-align: justify;line-height:normal'><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>36-21A-89.</span></p> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;text-align: justify;line-height:normal'><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>36-21A-47, 36-21A-62</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>.</span></p> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;text-align: justify;line-height:normal'><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html> <head> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <title>Rule 20:69:14.01 RESIDENTIAL RENTAL AGENTS</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14.01"> <META NAME="Description" Content="Administrative Rules 20:69:14.01 RESIDENTIAL RENTAL AGENTS"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p align=center><b>CHAPTER <a href="DisplayRule.aspx?Rule=20:69:14.01">20:69:14.01</a></b></p> <p align=center><b>&nbsp;</b></p> <p align=center><b>RESIDENTIAL RENTAL AGENTS</b></p> <p>Section</p> <p><a href="DisplayRule.aspx?Rule=20:69:14.01:01">20:69:14.01:01</a>&nbsp;&nbsp; Residential rental agent license.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14.01:02">20:69:14.01:02</a>&nbsp;&nbsp; Persons to whom license law applicable.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14.01:03">20:69:14.01:03</a>&nbsp;&nbsp; Application for license.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14.01:04">20:69:14.01:04</a>&nbsp;&nbsp; Application fee.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14.01:05">20:69:14.01:05</a>&nbsp;&nbsp; Qualifications for license.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14.01:06">20:69:14.01:06</a>&nbsp;&nbsp; Supervision of residential rental agent.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14.01:07">20:69:14.01:07</a>&nbsp;&nbsp; Signing of leases by residential rental agent, if authorized.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14.01:08">20:69:14.01:08</a>&nbsp;&nbsp; Biennial renewal.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14.01:09">20:69:14.01:09</a>&nbsp;&nbsp; Powers of commission in disciplinary matters.</p> <p><a href="DisplayRule.aspx?Rule=20:69:14.01:10">20:69:14.01:10</a>&nbsp;&nbsp; Biennial proof by residential rental agent of continuing education.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14.01:01 Residential rental agent license.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14.01:01"> <META NAME="Description" Content="Administrative Rules 20:69:14.01:01 Residential rental agent license."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14.01:01.&nbsp;&nbsp;Residential rental agent license.</b> The residential rental agent license is a restricted broker's license pursuant to SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 27 SDR 7, effective August 3, 2000.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14.01:02 Persons to whom license law applicable.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14.01:02"> <META NAME="Description" Content="Administrative Rules 20:69:14.01:02 Persons to whom license law applicable."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14.01:02.&nbsp;&nbsp;Persons to whom license law applicable.</b> A person may not act as a residential rental agent in this state unless the person holds a residential rental agent license pursuant to this chapter or is a real estate broker, salesperson, or property manager.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 27 SDR 7, effective August 3, 2000.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-28">36-21A-28</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-Reference:</b> Persons and entities exempted from this chapter, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-29">36-21A-29.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14.01:03 Application for license.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14.01:03"> <META NAME="Description" Content="Administrative Rules 20:69:14.01:03 Application for license."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14.01:03.&nbsp;&nbsp;Application for license.</b> An applicant for a residential rental agent license must file an application on a form provided by the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 27 SDR 7, effective August 3, 2000.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14.01:04 Application fee.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14.01:04"> <META NAME="Description" Content="Administrative Rules 20:69:14.01:04 Application fee."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14.01:04.&nbsp;&nbsp;Application fee.</b> The application fee for a residential rental agent license is $60.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 27 SDR 7, effective August 3, 2000.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-49">36-21A-49.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14.01:05 Qualifications for license.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14.01:05"> <META NAME="Description" Content="Administrative Rules 20:69:14.01:05 Qualifications for license."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14.01:05.&nbsp;&nbsp;Qualifications for license.</b> A person may obtain a residential rental agent license without education or examination upon approval of the application by the commission and payment of the fee.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 27 SDR 7, effective August 3, 2000.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-References:</b> Reputation, age, competence, and citizenship required for license -- Prior rejection or revocation of license, SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-30">36-21A-30</A>; Denial of application, SDCL 36-21A-33.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14.01:06 Supervision of residential rental agent.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14.01:06"> <META NAME="Description" Content="Administrative Rules 20:69:14.01:06 Supervision of residential rental agent."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14.01:06.&nbsp;&nbsp;Supervision of residential rental agent.</b> A person who holds a residential rental agent license must be under the direct supervision of a property manager or a real estate broker licensed by the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 27 SDR 7, effective August 3, 2000.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14.01:07 Signing of leases by residential rental agent, if authorized.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14.01:07"> <META NAME="Description" Content="Administrative Rules 20:69:14.01:07 Signing of leases by residential rental agent, if authorized."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14.01:07.&nbsp;&nbsp;Signing of leases by residential rental agent, if authorized.</b> A residential rental agent may sign leases if authorized by the broker or property manager with whom the residential rental agent is associated. The lease shall also be endorsed by the responsible broker or property manager of the residential rental agent.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 27 SDR 7, effective August 3, 2000.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14.01:08 Biennial renewal.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14.01:08"> <META NAME="Description" Content="Administrative Rules 20:69:14.01:08 Biennial renewal."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14.01:08.&nbsp;&nbsp;Biennial renewal.</b> The biennial renewal fee for a residential rental agent license is $50.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 27 SDR 7, effective August 3, 2000.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-61">36-21A-61.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-61">36-21A-61.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14.01:09 Powers of commission in disciplinary matters.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14.01:09"> <META NAME="Description" Content="Administrative Rules 20:69:14.01:09 Powers of commission in disciplinary matters."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14.01:09.&nbsp;&nbsp;Powers of commission in disciplinary matters.</b> The commission shall discipline a residential rental agent in the same manner as it disciplines a licensed real estate broker or salesperson.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 27 SDR 7, effective August 3, 2000.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-47">36-21A-47.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:14.01:10 Biennial proof by residential rental agent of continuing education.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:14.01:10"> <META NAME="Description" Content="Administrative Rules 20:69:14.01:10 Biennial proof by residential rental agent of continuing education."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 15 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:12.0pt; font-family:"Times",serif;} a:link, span.MsoHyperlink {color:blue; text-decoration:underline;} a:visited, span.MsoHyperlinkFollowed {color:purple; text-decoration:underline;} .MsoChpDefault {font-size:10.0pt;} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US link=blue vlink=purple> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:14.01:10.&nbsp;&nbsp;Biennial proof by residential rental agent of continuing education.</b> A residential rental agent shall provide to the commission proof of participation in not less than 12 hours of approved continuing education in the preceding two-year period. The 12 hours of continuing education shall include study in the areas of property management, fair housing, lease of real property, real estate contracts, </span><span style='font-family:"Times New Roman",serif'>or</span><span style='font-family:"Times New Roman",serif'> real estate license law.</span><span style='font-family:"Times New Roman",serif'> Continuing education hours shall include both required subject areas under &#167;&nbsp;20:69:11:01.05 and elective subject areas under &#167;&nbsp;20:69:11:01.06.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 27 SDR 7, effective August 3, 2000</span><span style='font-family:"Times New Roman",serif'>; 45 SDR 45, effective October 9, 2018.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-12.1">36-21A-12.1.</A></span></p> <p class=MsoNormal style='text-align:justify'><span style='font-family:"Times New Roman",serif'>&nbsp;</span></p> </div> </body> </html> <br /><hr><br /><html> <head> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <title>Rule 20:69:15 ERRORS AND OMISSIONS INSURANCE</title> <META NAME="Keywords" Content="Administrative Rules 20:69:15"> <META NAME="Description" Content="Administrative Rules 20:69:15 ERRORS AND OMISSIONS INSURANCE"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p align=center><b>CHAPTER <a href="DisplayRule.aspx?Rule=20:69:15">20:69:15</a></b></p> <p align=center><b>ERRORS AND OMISSIONS INSURANCE</b></p> <p>Section</p> <p><a href="DisplayRule.aspx?Rule=20:69:15:01">20:69:15:01</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Definition of terms.</p> <p><a href="DisplayRule.aspx?Rule=20:69:15:02">20:69:15:02</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance required.</p> <p><a href="DisplayRule.aspx?Rule=20:69:15:03">20:69:15:03</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Minimum standards.</p> <p><a href="DisplayRule.aspx?Rule=20:69:15:04">20:69:15:04</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exceptions to coverage.</p> <p><a href="DisplayRule.aspx?Rule=20:69:15:05">20:69:15:05</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Group policy approval requirements.</p> <p><a href="DisplayRule.aspx?Rule=20:69:15:06">20:69:15:06</a>&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; Optional coverage.</p> <p><a href="DisplayRule.aspx?Rule=20:69:15:06.01">20:69:15:06.01</a>&nbsp;&nbsp; Standards for optional coverage.</p> <p><a href="DisplayRule.aspx?Rule=20:69:15:07">20:69:15:07</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Time for filing of certification of optional coverage.</p> <p><a href="DisplayRule.aspx?Rule=20:69:15:08">20:69:15:08</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nonpayment of premium.</p> <p><a href="DisplayRule.aspx?Rule=20:69:15:08.01">20:69:15:08.01</a>&nbsp;&nbsp; Surrender of license for failure to provide proof of insurance.</p> <p><a href="DisplayRule.aspx?Rule=20:69:15:09">20:69:15:09</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notification required for cancellation.</p> <p><a href="DisplayRule.aspx?Rule=20:69:15:10">20:69:15:10</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proof of insurance required to activate license.</p> <p><a href="DisplayRule.aspx?Rule=20:69:15:11">20:69:15:11</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Authenticity of coverage.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:15:01 Definition of terms.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:15:01"> <META NAME="Description" Content="Administrative Rules 20:69:15:01 Definition of terms."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:15:01.&nbsp;&nbsp;Definition of terms.</b> For the purposes of this chapter, a &quot;qualified insurance carrier&quot; is an insurance carrier which maintains an A.M. Best financial size category of class VI or higher and is and will remain, for the policy term, authorized by the South Dakota Division of Insurance to do business in this state as an errors and omissions insurance carrier of the type contemplated by this chapter.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 20 SDR 18, effective August 16, 1993; 27 SDR 7, effective August 3, 2000.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-119">36-21A-119.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-120">36-21A-120.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:15:02 Insurance required.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:15:02"> <META NAME="Description" Content="Administrative Rules 20:69:15:02 Insurance required."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:15:02.&nbsp;&nbsp;Insurance required.</b> An applicant for issuance of a license on active status, a licensee renewing a license, or an inactive licensee activating a license must submit proof of insurance coverage through the group plan or through certification of optional coverage.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-119">36-21A-119.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-120">36-21A-120.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:15:03 Minimum standards.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:15:03"> <META NAME="Description" Content="Administrative Rules 20:69:15:03 Minimum standards."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:15:03.&nbsp;&nbsp;Minimum standards.</b> The group policy obtained by the commission shall cover all activities contemplated by SDCL Chapter <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A">36-21A</A> and shall provide, at a minimum, the following terms and conditions:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Not less than $100,000 single-limit liability coverage for each licensee per occurrence or claim made, not including costs for investigation or defense;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;An annual aggregate limit of not less than $500,000 per licensee;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;A deductible amount of not greater than one percent of the total single-limit liability coverage amount for each occurrence and a like deductible amount for defense and investigation;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;Coverage for the vicarious liability for current or previously employed or contracted individuals;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;An extended reporting provision of 90 days and an option to purchase an additional three years extended reporting provision for a premium not to exceed 200 percent of the premium charged for the last year of the terminating coverage;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)&nbsp;&nbsp;Coverage under this section for covered acts in any state, United States territory, or Canada in which a covered individual, domiciled in South Dakota, holds a license; and</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)&nbsp;&nbsp;Stacking of benefits.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The minimum coverage applies to each individual licensee.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-119">36-21A-119.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-121">36-21A-121.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:15:04 Exceptions to coverage.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:15:04"> <META NAME="Description" Content="Administrative Rules 20:69:15:04 Exceptions to coverage."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:15:04.&nbsp;&nbsp;Exceptions to coverage.</b> Except as provided in this section, coverage may not exclude claims brought against the insured licensee arising out of an act or failure to act by the licensee when performing a professional service for which a license is required. Coverage may limit or exclude claims brought against a licensee which arise as follows:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Out of claims or suits made or brought by any insured person against any other insured person within the same firm or from compensation disputes between licensees;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Out of loss assumed under contract or agreement, except for liability the insured would have had in the absence of such agreements;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;From any criminal, dishonest, fraudulent, or willful act or omission. This exclusion does not apply to any insured person who did not personally participate in committing such an act or omission and who, upon having knowledge of the act or omission, reported it;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;From unlawful discrimination committed by or for the insured person;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;From fines or penalties imposed by law;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)&nbsp;&nbsp;From failure to maintain any type or amount of insurance for managed property;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)&nbsp;&nbsp;From bodily injury, personal injury, advertising injury, or property damage;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8)&nbsp;&nbsp;From management or sale of property in which the insured or spouse has more than a 10 percent financial or ownership interest. This exclusion does not apply for one year from the date a property is acquired under a guaranteed sale listing contract if the property is listed for sale during that entire period;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9)&nbsp;&nbsp;From related business activities for which a license is not required under this chapter;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10)&nbsp;&nbsp;From any violation of the Securities Act of 1933 as amended through July 1, 1993, or the Securities Exchange Act of 1934 as amended through July 1, 1993, or any state blue sky or securities law or similar state or federal statutes;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (11)&nbsp;&nbsp;From involvement in any real estate investment contract or syndication as a partner, joint venturer, or underwriter;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12)&nbsp;&nbsp;From hazardous materials, nuclear materials, or pollutants;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13)&nbsp;&nbsp;From prior wrongful acts; or</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14)&nbsp;&nbsp;Standard exclusions.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-119">36-21A-119.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-121">36-21A-121.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:15:05 Group policy approval requirements.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:15:05"> <META NAME="Description" Content="Administrative Rules 20:69:15:05 Group policy approval requirements."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:15:05.&nbsp;&nbsp;Group policy approval requirements.</b> Any group policy to be issued must conform to the standards and practices of the insurance industry and be approved by the South Dakota Division of Insurance.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-119">36-21A-119.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-120">36-21A-120.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:15:06 Optional coverage.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:15:06"> <META NAME="Description" Content="Administrative Rules 20:69:15:06 Optional coverage."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:15:06.&nbsp;&nbsp;Optional coverage.</b> An active licensee who chooses the option of obtaining errors and omissions insurance independently from a provider other than the group carrier under contract with the commission must show evidence of coverage by providing certification of coverage on a form prescribed by the commission. The form must show proof that the licensee has coverage in compliance with the minimum standards established by §&nbsp;20:69:15:06.01. The form must be signed by an authorized representative of the insurance company, and shall contain a cancellation notification clause as required by §&nbsp;20:69:15:09.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 20 SDR 18, effective August 16, 1993; 21 SDR 125, effective January 23, 1995.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-119">36-21A-119.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-120">36-21A-120</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-122">36-21A-122.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:15:06.01 Standards for optional coverage.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:15:06.01"> <META NAME="Description" Content="Administrative Rules 20:69:15:06.01 Standards for optional coverage."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:15:06.01.&nbsp;&nbsp;Standards for optional coverage.</b> A provider issuing insurance coverage pursuant to SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-122">36-21A-122</A> must be an admitted carrier in South Dakota or in the state in which the licensee being certified resides. All activities contemplated under SDCL chapter 36-21A must be covered.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The insurance must provide, at a minimum, not less than $100,000 single limit liability coverage for each licensee for each occurrence or claim made, not including the cost of investigation or defense, and an annual aggregate of $500,000 for each licensee, not including the cost of investigation and defense. A responsible broker may comply with this requirement by certifying coverages of a minimum of $500,000/$1,000,000, if all licensees associated with the broker are covered.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A person who resides in and is licensed in a state that has a mandated program of errors and omissions insurance and who is also licensed in South Dakota meets the requirements for errors and omissions insurance in South Dakota upon providing proof that the person meets the requirements of the person's state of residence.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 21 SDR 125, effective January 23, 1995.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-119">36-21A-119.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-121">36-21A-121.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:15:07 Time for filing of certification of optional coverage.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:15:07"> <META NAME="Description" Content="Administrative Rules 20:69:15:07 Time for filing of certification of optional coverage."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:15:07.&nbsp;&nbsp;Time for filing of certification of optional coverage.</b> Certification of optional coverage must be filed with the commission by 5:00 p.m. on the date of expiration of coverage. If the certification is not filed on time, the commission shall place the license on inactive status on that date.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 20 SDR 18, effective August 16, 1993; 21 SDR 125, effective January 23, 1995.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-119">36-21A-119.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-122">36-21A-122.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:15:08 Nonpayment of premium.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:15:08"> <META NAME="Description" Content="Administrative Rules 20:69:15:08 Nonpayment of premium."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:15:08.&nbsp;&nbsp;Nonpayment of premium.</b> If a certifying insurance company which submitted certification of optional coverage notifies the commission that a licensee has not paid a premium, the commission shall place that licensee's license on inactive status as of the date of termination of coverage.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-119">36-21A-119.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-122">36-21A-122.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:15:08.01 Surrender of license for failure to provide proof of insurance.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:15:08.01"> <META NAME="Description" Content="Administrative Rules 20:69:15:08.01 Surrender of license for failure to provide proof of insurance."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:15:08.01.&nbsp;&nbsp;Surrender of license for failure to provide proof of insurance.</b> When a licensee receives notice of being placed on inactive status for failure to provide proof of insurance, the licensee shall immediately surrender the license and the licensee's identification card to the commission.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 21 SDR 125. effective January 23, 1995.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-119">36-21A-119.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-69">36-21A-69.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:15:09 Notification required for cancellation.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:15:09"> <META NAME="Description" Content="Administrative Rules 20:69:15:09 Notification required for cancellation."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:15:09.&nbsp;&nbsp;Notification required for cancellation.</b> If insurance under equivalent coverage is to be lapsed or nonrenewed, the providing company must notify the Real Estate Commission of its intent to lapse or nonrenew a minimum of 30 days before the expiration date of the term.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-119">36-21A-119.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-122">36-21A-122.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:15:10 Proof of insurance required to activate license.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:15:10"> <META NAME="Description" Content="Administrative Rules 20:69:15:10 Proof of insurance required to activate license."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:15:10.&nbsp;&nbsp;Proof of insurance required to reactivate license.</b> A licensee whose license has been placed on inactive status for failure to provide proof of insurance may not conduct any activities for which a license is required until proof of insurance has been provided to the commission and the license has been activated. The license shall be considered active as of the effective date of the insurance.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-119">36-21A-119.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-119">36-21A-119.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:15:11 Authenticity of coverage.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:15:11"> <META NAME="Description" Content="Administrative Rules 20:69:15:11 Authenticity of coverage."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:15:11.&nbsp;&nbsp;Authenticity of coverage.</b> A licensee may not willfully or knowingly cause or allow a certificate of coverage to be filed with the commission which is false, fraudulent, or misleading.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 20 SDR 18, effective August 16, 1993.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-119">36-21A-119.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-119">36-21A-119.</A></p> </div> </body> </html> <br /><hr><br /><html> <head> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <title>Rule 20:69:16 DISCLOSURE</title> <META NAME="Keywords" Content="Administrative Rules 20:69:16"> <META NAME="Description" Content="Administrative Rules 20:69:16 DISCLOSURE"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p align=center><b>CHAPTER <a href="DisplayRule.aspx?Rule=20:69:16">20:69:16</a></b></p> <h1>DISCLOSURE</h1> <p>Section</p> <p><a href="DisplayRule.aspx?Rule=20:69:16:01">20:69:16:01</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Disclosure -- Generally.</p> <p><a href="DisplayRule.aspx?Rule=20:69:16:02">20:69:16:02</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:69:16:03">20:69:16:03</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Appointed agent procedure.</p> <p><a href="DisplayRule.aspx?Rule=20:69:16:04">20:69:16:04</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Appointed agent disclosure.</p> <p><a href="DisplayRule.aspx?Rule=20:69:16:05">20:69:16:05</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Appointed agent responsibilities.</p> <p><a href="DisplayRule.aspx?Rule=20:69:16:06">20:69:16:06</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Designated broker.</p> <p><a href="DisplayRule.aspx?Rule=20:69:16:07">20:69:16:07</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Licensee's duty to responsible broker or designated broker.</p> <p><a href="DisplayRule.aspx?Rule=20:69:16:08">20:69:16:08</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Responsible broker or designated broker may appoint broker or broker associate to exclusively represent client.</p> <p><a href="DisplayRule.aspx?Rule=20:69:16:09">20:69:16:09</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Responsible broker or designated broker appointing team to exclusively represent client -- Licensee within team representing both parties to same transaction.</p> <p><a href="DisplayRule.aspx?Rule=20:69:16:10">20:69:16:10</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Limited agency when appointed agent's client becomes interested in listing procured by responsible broker or designated broker.</p> <p><a href="DisplayRule.aspx?Rule=20:69:16:0A">Appendix A</a>&nbsp;&nbsp; Disclosure form, repealed, 32 SDR 53, effective October 11, 2005.</p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:16:0A Disclosure form.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:16:0A"> <META NAME="Description" Content="Administrative Rules 20:69:16:0A Disclosure form."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069160000a00e_files/filelist.xml"> <title>CHAPTER 20:69:16</title> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>3</o:TotalTime> <o:Created>2011-03-24T19:08:00Z</o:Created> <o:LastSaved>2011-03-24T19:08:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>52</o:Words> <o:Characters>297</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>2</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>348</o:CharactersWithSpaces> <o:Version>10.6867</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:GrammarState>Clean</w:GrammarState> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> 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</head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoCommentText style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>DEPARTMENT OF REVENUE AND REGULATION<o:p></o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>REAL ESTATE COMMISSION<o:p></o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>DISCLOSURE FORM<o:p></o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>Chapter 20:69:16<o:p></o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>APPENDIX A<o:p></o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>SEE: &#167;</span> <span style='font-family: "Times New Roman"'>20:69:16:01<o:p></o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>(Repealed)<o:p></o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 21 SDR 125, effective January 23, 1995; 25 SDR 90, effective December 28, 1998; 26 SDR 41, effective September 29, 1999; repealed, 32 SDR 53, effective October 11, 2005.<o:p></o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:16:01 Disclosure.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:16:01"> <META NAME="Description" Content="Administrative Rules 20:69:16:01 Disclosure."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069160000100d_files/filelist.xml"> <title>CHAPTER 20:69:16</title> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2005-10-11T13:55:00Z</o:Created> <o:LastSaved>2005-10-11T13:55:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>245</o:Words> <o:Characters>1398</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>11</o:Lines> <o:Paragraphs>3</o:Paragraphs> <o:CharactersWithSpaces>1640</o:CharactersWithSpaces> <o:Version>10.4219</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:GrammarState>Clean</w:GrammarState> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> 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style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:16:01.<span class=GramE>&nbsp;&nbsp;Disclosure</span> -- Generally.</b> Disclosures must be made on a form substantially the same as the real estate relationships disclosure form prescribed by the commission. The form shall contain the requirements imposed by SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-147">36-21A-147</A>, the types of agency and brokerage relationships the broker offers, acknowledgment that the consumer has received the real estate consumer guide for the sale and purchase of residential real property, and acknowledgment of any consumer not being represented in the real estate transaction. However, a residential property manager acting as an agent for an owner may include an agency relationship disclosure in an application to lease or other document. The disclosure must be in italics or bold print and must include one of the following statements: &quot;I, <u>(name)</u>, a real estate licensee, am representing the owner in this transaction. All agents of (name of company) represent the owner in this and any other transaction.&quot;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>A real estate licensee acting as an auctioneer may comply with the disclosure requirements by including a statement on any printed advertisement and making an announcement at the beginning of the auction. The disclosure must state that the licensees are representing the seller or sellers.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 16 SDR 36, effective August 29, 1989; transferred from &#167;&nbsp;20:56:04:12.02, 20 SDR 18, effective August 16, 1993; transferred from &#167;&nbsp;20:69:03:18, 21 SDR 125, effective January 23, 1995; 23 SDR 110, effective January 9, 1997; 25 SDR 90, effective December 28, 1998; 32 SDR 53, effective October 11, 2005.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-147">36-21A-147.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-147">36-21A-147.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:16:02 Repealed.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:16:02"> <META NAME="Description" Content="Administrative Rules 20:69:16:02 Repealed."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:69:16:02.&nbsp;&nbsp;Open houses.</b>Repealed.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 16 SDR 36, effective August 29, 1989; transferred from §&nbsp;20:56:04:12.02, 20 SDR 18, effective August 16, 1993; transferred from §&nbsp;20:69:03:18, 21 SDR 125, effective January 23, 1995; repealed, 25 SDR 90, effective December 28, 1998.</p><br clear=all> </span> </div> </body> </html> <br /><hr><br /><html xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:16:03 Appointed agent procedure.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:16:03"> <META NAME="Description" Content="Administrative Rules 20:69:16:03 Appointed agent procedure."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069160000300d_files/filelist.xml"> <title>CHAPTER 20:69:16</title> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2005-10-11T13:55:00Z</o:Created> <o:LastSaved>2005-10-11T13:55:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>217</o:Words> <o:Characters>1243</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>10</o:Lines> <o:Paragraphs>2</o:Paragraphs> <o:CharactersWithSpaces>1458</o:CharactersWithSpaces> <o:Version>10.4219</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:GrammarState>Clean</w:GrammarState> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; 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mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:16:03.<span class=GramE>&nbsp;&nbsp;Appointed</span> agent procedure.</b> Prior to entering into a listing or agency agreement, a real estate licensee shall notify a client in writing of the real estate brokerage's appointed agent policy and those affiliated licensees within the real estate brokerage that will act as appointed agents of that client to the exclusion of all other affiliated licensees within the real estate brokerage.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>A brokerage may not, without the written consent of the client, appoint an affiliated licensee to act as an appointed agent in any transaction involving a written exclusive single agency or limited agency agreement that was in effect prior to the broker implementing the appointed agent relationship.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>If the client of an appointed agent demonstrates interest in a property on which the responsible broker has an existing exclusive single agent or limited agent brokerage agreement, the broker may not permit the use of the appointed agent without first obtaining the written consent of that seller or landlord to the appointed agent relationship. If the written consent of the client to allow the appointed agent relationship is not given or cannot be obtained, the broker shall refer the client of the appointed agent to another broker for representation for the purpose of considering such property.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 32 SDR 53, effective October 11, 2005.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-141.1">36-21A-141.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-147">36-21A-147.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-141.1">36-21A-141.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-147">36-21A-147.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:16:04 Appointed agent disclosure.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:16:04"> <META NAME="Description" Content="Administrative Rules 20:69:16:04 Appointed agent disclosure."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069160000400d_files/filelist.xml"> <title>CHAPTER 20:69:16</title> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2005-10-11T13:56:00Z</o:Created> <o:LastSaved>2005-10-11T13:56:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>167</o:Words> <o:Characters>954</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>7</o:Lines> <o:Paragraphs>2</o:Paragraphs> <o:CharactersWithSpaces>1119</o:CharactersWithSpaces> <o:Version>10.4219</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:GrammarState>Clean</w:GrammarState> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} h1 {mso-style-next:Normal; margin:0in; margin-bottom:.0001pt; text-align:center; mso-pagination:widow-orphan; page-break-after:avoid; mso-outline-level:1; tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:"Times New Roman"; mso-font-kerning:0pt; mso-bidi-font-weight:normal;} span.GramE {mso-style-name:""; mso-gram-e:yes;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:16:04.<span class=GramE>&nbsp;&nbsp;Appointed</span> agent disclosure.</b> The appointed agent disclosure shall include, at a minimum, the following provisions:<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(1)&nbsp;&nbsp;The name of any appointed agent;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(2)&nbsp;&nbsp;A statement that the appointed agent will represent the client as the client's agent and will owe the client duties as set forth in SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-132">36-21A-132</A> and <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-133">36-21A-133</A>;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(3)&nbsp;&nbsp;A statement that the brokerage may represent both the seller and the buyer in connection with the sale or purchase of real estate;<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(4)&nbsp;&nbsp;A statement that another affiliated licensee may be appointed during the term of the agency agreement if the appointed agent is not able to fulfill the terms of the agency agreement or if the responsible broker and the client agree. An appointment of another affiliated licensee or an additional affiliated licensee does not relieve the first appointed agent of any duties owed to the client; and<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(5)&nbsp;&nbsp;A provision for the client to consent or not consent in writing to the agreement.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 32 SDR 53, effective October 11, 2005.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-141.1">36-21A-141.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-147">36-21A-147.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-141.1">36-21A-141.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-147">36-21A-147.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:16:05 Appointed agent responsibilities.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:16:05"> <META NAME="Description" Content="Administrative Rules 20:69:16:05 Appointed agent responsibilities."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069160000500d_files/filelist.xml"> <title>CHAPTER 20:69:16</title> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>1</o:TotalTime> <o:Created>2005-10-11T13:56:00Z</o:Created> <o:LastSaved>2005-10-11T13:56:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>171</o:Words> <o:Characters>980</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>8</o:Lines> <o:Paragraphs>2</o:Paragraphs> <o:CharactersWithSpaces>1149</o:CharactersWithSpaces> <o:Version>10.4219</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:GrammarState>Clean</w:GrammarState> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; 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mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:16:05.<span class=GramE>&nbsp;&nbsp;Appointed</span> agent responsibilities.</b> An appointed agent may disclose to the brokerage's responsible broker or designated broker confidential information of a client for the purpose of seeking advice or assistance for the benefit of the client in regard to a possible transaction, or to comply with the broker's supervisory duties. Confidential information shall be treated as such by the responsible broker or designated broker and may not be disclosed unless otherwise required by statute or rule or requested or permitted in writing by the client who originally disclosed the confidential information.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>If a responsible broker appoints an agent and the appointed agent also acts in a supervisory capacity under the responsible broker, such as a branch manager or sales manager, the appointed agent may be treated in the same manner as the responsible broker for purposes of determining limited agency only if the responsible broker authorizes and provides for such supervisory positions in the written policy.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 32 SDR 53, effective October 11, 2005.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-141.1">36-21A-141.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-141.1">36-21A-141.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:16:06 Designated broker.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:16:06"> <META NAME="Description" Content="Administrative Rules 20:69:16:06 Designated broker."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069160000600d_files/filelist.xml"> <title>CHAPTER 20:69:16</title> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2005-10-27T13:48:00Z</o:Created> <o:LastSaved>2005-10-27T13:48:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>139</o:Words> <o:Characters>796</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>6</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>934</o:CharactersWithSpaces> <o:Version>10.4219</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:GrammarState>Clean</w:GrammarState> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} h1 {mso-style-next:Normal; margin:0in; margin-bottom:.0001pt; text-align:center; mso-pagination:widow-orphan; page-break-after:avoid; mso-outline-level:1; tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:"Times New Roman"; mso-font-kerning:0pt; mso-bidi-font-weight:normal;} span.GramE {mso-style-name:""; mso-gram-e:yes;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:16:06.&nbsp;&nbsp;<span class=GramE>Designated</span> broker.</b> A responsible broker may authorize and appoint a designated broker in a capacity to supervise and assist a licensee appointed to exclusively represent a seller or landlord in a transaction. A responsible broker may authorize and appoint a designated broker in a capacity to supervise and assist a licensee appointed to exclusively represent a buyer or tenant in a transaction. A designated broker authorized and appointed to supervise and assist a licensee appointed to represent a seller or landlord, or buyer or tenant, exclusively, has the same duties, obligations, and responsibilities as the responsible broker. The use of an authorized appointed agent does not relieve the responsible broker of duties, obligations, or responsibilities required by any statute or rule.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 32 SDR 53, effective October 11, 2005.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-141.1">36-21A-141.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-141.1">36-21A-141.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:16:07 Licensee's duty to responsible broker or designated broker.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:16:07"> <META NAME="Description" Content="Administrative Rules 20:69:16:07 Licensee's duty to responsible broker or designated broker."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069160000700d_files/filelist.xml"> <title>CHAPTER 20:69:16</title> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>1</o:TotalTime> <o:Created>2005-10-11T13:56:00Z</o:Created> <o:LastSaved>2005-10-11T13:56:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>76</o:Words> <o:Characters>439</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>3</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>514</o:CharactersWithSpaces> <o:Version>10.4219</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:GrammarState>Clean</w:GrammarState> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} h1 {mso-style-next:Normal; margin:0in; margin-bottom:.0001pt; text-align:center; mso-pagination:widow-orphan; page-break-after:avoid; mso-outline-level:1; tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:"Times New Roman"; mso-font-kerning:0pt; mso-bidi-font-weight:normal;} span.GramE {mso-style-name:""; mso-gram-e:yes;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:16:07.<span class=GramE>&nbsp;&nbsp;Licensee's</span> duty to responsible broker or designated broker.</b> A licensee shall keep the brokerage's responsible broker or designated broker fully informed of any activity conducted on behalf of the brokerage and shall notify the responsible broker or designated broker of any other activity that might impact the responsibility of the responsible broker or designated broker.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 32 SDR 53, effective October 11, 2005.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-141.1">36-21A-141.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-141.1">36-21A-141.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:16:08 Responsible broker or designated broker may appoint broker or broker associate to exclusively represent client.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:16:08"> <META NAME="Description" Content="Administrative Rules 20:69:16:08 Responsible broker or designated broker may appoint broker or broker associate to exclusively represent client."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069160000800d_files/filelist.xml"> <title>CHAPTER 20:69:16</title> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2005-10-11T13:56:00Z</o:Created> <o:LastSaved>2005-10-11T13:56:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>75</o:Words> <o:Characters>430</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>3</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>504</o:CharactersWithSpaces> <o:Version>10.4219</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:GrammarState>Clean</w:GrammarState> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; 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mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:16:08.<span class=GramE>&nbsp;&nbsp;Responsible</span> broker or designated broker may appoint broker or broker associate to exclusively represent client.</b> A responsible broker or designated broker may appoint a broker or broker associate having an ownership interest in the same firm as the responsible broker to act as an appointed agent to exclusively represent a seller or landlord or a buyer or tenant.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 32 SDR 53, effective October 11, 2005.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-141.1">36-21A-141.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-141.1">36-21A-141.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:16:09 Responsible broker or designated broker appointing team to exclusively represent client -- Licensee within team representing both parties to same transaction.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:16:09"> <META NAME="Description" Content="Administrative Rules 20:69:16:09 Responsible broker or designated broker appointing team to exclusively represent client -- Licensee within team representing both parties to same transaction."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069160000900d_files/filelist.xml"> <title>CHAPTER 20:69:16</title> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2005-10-11T13:56:00Z</o:Created> <o:LastSaved>2005-10-11T13:56:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>108</o:Words> <o:Characters>616</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>5</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>723</o:CharactersWithSpaces> <o:Version>10.4219</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:GrammarState>Clean</w:GrammarState> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; 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mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:16:09.<span class=GramE>&nbsp;&nbsp;Responsible</span> broker or designated broker appointing team to exclusively represent client -- Licensee within team representing both parties to same transaction.</b> If a responsible broker or designated broker appoints a licensee who performs real estate transactions within a team of licensees associated with the same responsible broker, the responsible broker or designated broker must appoint every licensee within the team to exclusively represent the same client. If any licensee within the team represents both parties to the same transaction, a limited agency relationship exists.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 32 SDR 53, effective October 11, 2005.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-141.1">36-21A-141.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-141.1">36-21A-141.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:16:10 Limited agency when appointed agent's client becomes interested in listing procured by responsible broker or designated broker.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:16:10"> <META NAME="Description" Content="Administrative Rules 20:69:16:10 Limited agency when appointed agent's client becomes interested in listing procured by responsible broker or designated broker."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069160001000d_files/filelist.xml"> <title>CHAPTER 20:69:16</title> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>0</o:TotalTime> <o:Created>2005-10-11T13:56:00Z</o:Created> <o:LastSaved>2005-10-11T13:56:00Z</o:LastSaved> <o:Pages>2</o:Pages> <o:Words>83</o:Words> <o:Characters>478</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>3</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>560</o:CharactersWithSpaces> <o:Version>10.4219</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:GrammarState>Clean</w:GrammarState> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 -2147483648 8 0 511 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:Times; mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";} h1 {mso-style-next:Normal; margin:0in; margin-bottom:.0001pt; text-align:center; mso-pagination:widow-orphan; page-break-after:avoid; mso-outline-level:1; tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:"Times New Roman"; mso-font-kerning:0pt; mso-bidi-font-weight:normal;} span.GramE {mso-style-name:""; mso-gram-e:yes;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:16:10.<span class=GramE>&nbsp;&nbsp;Limited</span> agency when appointed agent's client becomes interested in listing procured by responsible broker or designated broker.</b> If a buyer or tenant represented by an agent of the responsible broker becomes interested in a property listing that was procured by the responsible broker or designated broker, the relationship between the appointed agent and the buyer or tenant is deemed that of disclosed limited agency.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 32 SDR 53, effective October 11, 2005.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-141.1">36-21A-141.1.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-141.1">36-21A-141.1.</A><o:p></o:p></span></p> <span style='font-size:12.0pt;mso-bidi-font-size:10.0pt;font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman";mso-ansi-language:EN-US;mso-fareast-language: EN-US;mso-bidi-language:AR-SA'><br clear=all style='mso-special-character:line-break; page-break-before:always'> </span> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><o:p>&nbsp;</o:p></p> </div> </body> </html> <br /><hr><br /><html> <head> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <title>Rule 20:69:17 AGREEMENTS</title> <META NAME="Keywords" Content="Administrative Rules 20:69:17"> <META NAME="Description" Content="Administrative Rules 20:69:17 AGREEMENTS"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p align=center><b>CHAPTER 20:69:17</b></p> <p align=center><b>&nbsp;</b></p> <p align=center><b>AGREEMENTS</b></p> <p>Section</p> <p><a href="DisplayRule.aspx?Rule=20:69:17:01">20:69:17:01</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Agreements for brokerage services.</p> <p><a href="DisplayRule.aspx?Rule=20:69:17:0A">Appendix A</a>&nbsp;&nbsp; Agreements, repealed, 32 SDR 53, effective October 11, 2005.</p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:17:0A Agreements.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:17:0A"> <META NAME="Description" Content="Administrative Rules 20:69:17:0A Agreements."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069170000a00e_files/filelist.xml"> <title>CHAPTER 20:69:17</title> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>1</o:TotalTime> <o:Created>2011-03-24T19:08:00Z</o:Created> <o:LastSaved>2011-03-24T19:08:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>58</o:Words> <o:Characters>336</o:Characters> <o:Company>State of South Dakota</o:Company> <o:Lines>2</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>393</o:CharactersWithSpaces> <o:Version>10.6867</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:GrammarState>Clean</w:GrammarState> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:536902279 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mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoCommentText style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoCommentText style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoCommentText style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>DEPARTMENT OF REVENUE AND REGULATION<o:p></o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>REAL ESTATE COMMISSION<o:p></o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>AGREEMENTS<o:p></o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>Chapter 20:69:17<o:p></o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>APPENDIX A<o:p></o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>SEE: &#167;</span> <span style='font-family: "Times New Roman"'>20:69:17:01<o:p></o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'>(Repealed)<o:p></o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal align=center style='text-align:center;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 25 SDR 90, effective December 28, 1998; 26 SDR 41; 26 SDR 41, effective September 29, 1999; 28 SDR 28, effective September 2, 2001; 29 SDR 48, effective October 10, 2002; repealed, 32 SDR 53, effective October 11, 2005.<o:p></o:p></span></p> </div> </body> </html> <br /><hr><br /><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <title>Rule 20:69:17:01 Agreements for brokerage services.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:17:01"> <META NAME="Description" Content="Administrative Rules 20:69:17:01 Agreements for brokerage services."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 10"> <meta name=Originator content="Microsoft Word 10"> <link rel=File-List href="2069170000100d_files/filelist.xml"> <title>CHAPTER 20:69:17</title> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>lrpr14533</o:Author> <o:LastAuthor>lrpr14296</o:LastAuthor> <o:Revision>2</o:Revision> <o:TotalTime>2</o:TotalTime> <o:Created>2011-03-24T19:08:00Z</o:Created> 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font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=EN-US style='tab-interval:.5in'> <div class=Section1> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>20:69:17:01.&nbsp;&nbsp;Agreements for brokerage services.</b> Agreements to perform real estate brokerage services must be on forms substantially the same as the forms prescribed by the commission. The forms must comply with the requirements imposed by SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-130">36-21A-130</A> and this section.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>A real estate purchase agreement prepared by a licensee must contain the names of the buyer and seller; an acknowledgment that earnest money was received; the purchase price; any disclosure acknowledgments; any contingencies regarding financing, sale of purchaser's property, and inspections; and provisions for a survey, prorations, warranties, merchantable title, closing, possession, handling of earnest money, mediation, length of time for seller's acceptance, and seller's decision to accept, not accept, or counter buyer's offer.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>A real estate auction purchase agreement prepared by a licensee must contain the names of the buyer and seller; the purchase price; any disclosure acknowledgments; and provisions for handling earnest money, prorations, merchantable title, closing, and possession.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>A real estate commercial or agricultural purchase agreement prepared by a licensee must contain the names of the buyer and seller; an acknowledgment that earnest money was received; the purchase price; any disclosure acknowledgments; any contingencies regarding financing and inspections; and provisions for prorations, merchantable title, closing, possession, handling of earnest money, length of time for seller's acceptance, and seller's decision to accept, not accept, or counter buyer's offer.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Source:</b> 25 SDR 90, effective December 28, 1998; 26 SDR 41, effective September 29, 1999; 32 SDR 53, effective October 11, 2005.<o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-130">36-21A-130.</A><o:p></o:p></span></p> <p class=MsoNormal style='text-align:justify;tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><span style='mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style='mso-bidi-font-weight:normal'>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-130">36-21A-130.</A><o:p></o:p></span></p> <p class=MsoCommentText style='tab-stops:.4in .6in .9in 1.1in 1.4in 1.6in 1.9in 2.1in 2.4in 2.6in 2.9in 3.1in 3.4in 3.6in 3.9in 4.1in'><span style='font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html> <br /><hr><br /><html> <head> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <style> <!-- --> </style> </head> <body lang=EN-US link=blue vlink=purple> <div> <p align=center><b>CHAPTER </b><b>20</b><b>:</b><b>69</b><b>:</b><b>18</b></p> <p align=center><b>&nbsp;</b></p> <p align=center><b>REAL ESTATE TEAMS</b></p> <h1>Section</h1> <p><a href="DisplayRule.aspx?Rule=20:69:18:01">20:69:18:01</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Team list required.</p> </div> </body> </html> <br /><hr><br /><html> <head> <title>Rule 20:69:18:01 Team list required.</title> <META NAME="Keywords" Content="Administrative Rules 20:69:18:01"> <META NAME="Description" Content="Administrative Rules 20:69:18:01 Team list required."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 15 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin-top:0in; margin-right:0in; margin-bottom:10.0pt; margin-left:0in; line-height:115%; font-size:11.0pt; font-family:"Calibri",sans-serif;} a:link, span.MsoHyperlink {color:blue; text-decoration:underline;} a:visited, span.MsoHyperlinkFollowed {color:purple; text-decoration:underline;} .MsoChpDefault {font-family:"Calibri",sans-serif;} .MsoPapDefault {margin-bottom:10.0pt; line-height:115%;} @page WordSection1 {size:8.5in 11.0in; margin:49.7pt 1.0in 49.7pt 63.35pt;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US link=blue vlink=purple> <div class=WordSection1> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;text-align: justify;line-height:normal'><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>20:69:18:01.</span></b><b><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>&nbsp;&nbsp;Team list required.</span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif'> A team leader shall provide a current list of all licensed team members, and any changes to the list of licensed team members, to the responsible broker within 72 hours of making the change. A current record of all team leaders and licensed team members shall be maintained by the responsible broker in a manner that can be made readily available to the commission staff upon request.</span></p> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;text-align: justify;line-height:normal'><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;text-align: justify;line-height:normal'><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>46</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'> SDR </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>66</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>, effective </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>November 29, 2019</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>.</span></p> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;text-align: justify;line-height:normal'><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>36-21A-89(11).</span></p> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;text-align: justify;line-height:normal'><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-21A-89">36-21A-89(11).</A></span></p> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;text-align: justify;line-height:normal'><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>&nbsp;</span></p> </div> </body> </html>