South Dakota Statutes
§ 54-14-12.4 — Registered mortgage loan originator defined.
South Dakota § 54-14-12.4
This text of South Dakota § 54-14-12.4 (Registered mortgage loan originator defined.) 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 § 54-14-12.4 (2026).
Text
For the purposes of this chapter, the term, registered mortgage loan originator, means any individual who:
(1)Meets the definition of mortgage loan originator and is an employee of:
(a)A depository institution;
(b)A subsidiary that is owned and controlled by a depository institution and regulated by a federal banking agency; or (c) An institution regulated by the Farm Credit Administration; and (2) Is registered with, and maintains a unique identifier through, the nationwide mortgage licensing system and registry.
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Legislative History
SL 2009, ch 251, § 5.
Nearby Sections
15
§ 54-1-2
Loan of money defined.§ 54-1-6
"Open account" defined.§ 54-1-7
Open account--Interest rates.§ 54-1-9
"Securitization" defined.§ 54-10-1
Definition of terms.§ 54-10-10
Value of security, determination by liquidator's sale of assets--Order of sale, requirements.§ 54-10-13
Uniformity of interpretation of chapter.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 54-14-12.4, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/54-14-12.4.