South Dakota Statutes
§ 43-15B-7 — Sale of unregistered project prohibited--Exception--Issuance of restricted licenses.
No person may offer to sell in this state any time - share project, or offer to sell outside the state any time - share in a time - share project located within this state without first registering the time - share project with the South Dakota Real Estate Commission. The sale or transfer of a time - share project by an owner other than the developer or sales agent is exempt from this chapter. The Real Estate Commission may issue restricted brokers' or salesmen's licenses for time share brokers or salesmen pursuant to § 36-21-28.1.
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South Dakota § 43-15B-7 (Sale of unregistered project prohibited--Exception--Issuance of restricted licenses.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1983, ch 273, § 7; SL 1986, ch 302, § 99.
Nearby Sections
15
§ 43-1-1
Property defined.§ 43-1-2
Classes of property.§ 43-1-4
Land as solid material of earth.§ 43-1-6
Law governing real property.§ 43-1-7
Law governing personal property.§ 43-10-13
Repealed§ 43-11-10
Power in trust defined.§ 43-11-11
General power in trust defined.§ 43-11-12
Special power in trust defined.§ 43-11-13
Capacity to create power.§ 43-11-14
Manner of creating power.§ 43-11-15
Vesting of power.