South Dakota Statutes
§ 54-14-13.4 — License required for loan processor or underwriter--Identification through nationwide mortgage licensing system and registry.
South Dakota § 54-14-13.4
This text of South Dakota § 54-14-13.4 (License required for loan processor or underwriter--Identification through nationwide mortgage licensing system and registry.) 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 § 54-14-13.4 (2026).
Text
No loan processor or underwriter who is an independent contractor may engage in the activities of a loan processor or underwriter unless the loan processor or underwriter obtains and maintains a license under this chapter. Each loan processor or underwriter who is an independent contractor licensed as a mortgage loan originator shall have and maintain a valid unique identifier issued by the nationwide mortgage licensing system and registry.
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Legislative History
SL 2009, ch 251, § 13.
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 § 54-14-13.4, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/54-14-13.4.