South Dakota Statutes

§ 36-21A-9 — Inactive license defined.

South Dakota·Title 36 PROFESSIONS AND OCCUPATIONS·Ch. 36-21 REAL ESTATE LICENSING

For the purposes of this chapter, an inactive license is any license that has been placed on inactive status for any of the following reasons:

(1)At the request of the licensee;
(2)Failure to designate a responsible broker;
(3)Cessation of being associated with a responsible broker or a licensed firm;
(4)Failure to notify the commission of a change of registered address;
(5)Failure of the licensee's responsible broker to maintain an active license;
(6)Failure to provide proof of errors and omissions insurance upon renewal;
(7)Failure of a nonresident real estate salesperson, who establishes residency in South Dakota, to successfully complete the education requirement for upgrade to broker associate within the prescribed timeframe; or (8) Failure to provide pr

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Legislative History

SL 1992, ch 273, § 9; SL 2013, ch 177, § 5.

Nearby Sections

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