20:36:03:02.  Eligibility to qualify partnership, corporation, and other firm. If the applicant for registration seeks registration for the purpose of qualifying a partnership, corporation, or other permitted firm to engage in abstracting, the applicant must have the qualifications provided in § 20:36:03:01, and show by notarized signature either in the application for registration or by separate document to be filed with the board that the applicant or some other legally registered abstracter will have personal contact with or responsible supervision of the operations of the partnership, corporation, or firm at all times. No partnership, corporation, or firm that is not registered prior to the effective date of these rules shall be qualified for registration unless its eligibility is established as provided by this section. No partnership subject to SDCL 37-11-1, the fictitious names statute, shall be qualified until the partnership has met the requirements of that section.

          Source: SL 1975, ch 16, § 1; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 46 SDR 42, effective October 3, 2019.

          General Authority: SDCL 36-13-6.1(7).

          Law Implemented: SDCL 36-13-8, 36-13-11.