S.D. Admin. R. 20:18:10:04

Current through Register Vol. 50, page 159, June 17, 2024
Section 20:18:10:04 - Assurance of voluntary compliance

The executive secretary may accept an assurance of voluntary compliance regarding any act or practice alleged to violate this article or SDCL 42-7B from a person who has engaged in, is engaging in, or is about to engage in such acts or practices. The assurance must be in writing and may include a stipulation for the voluntary payment of the costs of the investigation or a monetary penalty and an amount necessary to restore to a person money or property which may have been acquired by the alleged violator because of the acts or practices. Proof of failure to comply with the assurance of voluntary compliance is prima facie evidence of a violation of this chapter. The commission may approve, reject, or modify an assurance of voluntary compliance.

S.D. Admin. R. 20:18:10:04

16 SDR 57, effective 10/1/1989; 25 SDR 172, effective 7/11/1999.

General Authority: SDCL 42-7B-7.

Law Implemented: SDCL 1-26-20, 42-7B-7, 42-7B-11(6)(11), 42-7B-18, 42-7B-21, 42-7B-24, 42-7B-25.