South Dakota Statutes

§ 43-15B-7 — Sale of unregistered project prohibited--Exception--Issuance of restricted licenses.

South Dakota § 43-15B-7
JurisdictionSouth Dakota
Title 43PROPERTY
Ch. 43-15ATIME-SHARE ESTATES

This text of South Dakota § 43-15B-7 (Sale of unregistered project prohibited--Exception--Issuance of restricted licenses.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 43-15B-7 (2026).

Text

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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Legislative History

SL 1983, ch 273, § 7; SL 1986, ch 302, § 99.

Nearby Sections

15
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Bluebook (online)
South Dakota § 43-15B-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/43-15B-7.