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71 chapters · 1,802 sections in this title.
SDCL § 36-21D-1 Registration of appraisal management companies required--Injunction for violation
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Any person or entity acting as an appraisal management company or performing appraisal management services in this state, except an appraisal management company that is a subsidiary owned and controlled by a financial institution regulated by a federal financial institution regul…
SDCL § 36-21D-10 Prohibited conduct--Grounds for discipline
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No employee, director, officer, agent, independent contractor or other third party acting on behalf of an appraisal management company may: (1) Improperly influence or attempt to improperly influence the development, reporting, result, or review of a real estate appraisal; (2) In…
SDCL § 36-21D-11 Permissible conduct
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No appraisal management company violates § 36-21D-10 solely by asking a real estate appraiser to: (1) Consider additional, appropriate property information; (2) Provide further detail, substantiation, or explanation for the appraiser's value conclusion; or (3) Correct errors in t…
SDCL § 36-21D-12 Surety bond or irrevocable letter of credit to be filed with application for registration or renewal--Conditions
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An applicant for issuance or renewal of an appraisal management company registration shall file with the Department of Labor and Regulation a surety bond with one or more corporate sureties authorized to do business in this state or an irrevocable letter of credit issued by an in…
