20:07:19:14.  Challenge process. A mortgage licensee may challenge information entered into the nationwide mortgage licensing system and registry by the division. Any challenge must be in writing and identify the information being challenged and provide documentation to support the challenge. The division shall respond to any challenge in writing within 30 days from the date a challenge was received. A licensee may request a hearing pursuant to SDCL chapter 1-26 to further challenge information entered by the division.

          A challenge filed in response to the denial of a license application or renewal shall be filed under the procedure established in § 20:07:19:05.

          Source: 36 SDR 99, effective December 10, 2009.

          General Authority: SDCL 54-14-34.

          Law Implemented: SDCL 54-14-34.