S.D. Admin. R. 20:69:04:04

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:69:04:04 - Contents of responsible broker course

The responsible broker course is a course in brokerage. The course must be a minimum of 24 hours long and contain a final examination. The course shall include the following subject areas approved by the commission:

(1) Advertising Compliance

(2) Brokerage Policy Manual

(3) Business Ethics

(4) Business/Strategic Planning

(5) Compensation planning

(6) Company Policy Review/Risk Management

(7) Contracts - State Specific

(8) Demonstration of Knowledge

(9) Exit Strategies - Selling/Transferring Ownership

(10) Human Resource Essentials/employee vs independent contractor

(11) Legal Issues; and

(12) Trust Accounting/Finance.

S.D. Admin. R. 20:69:04:04

2 SDR 7, effective 7/30/1975; transferred from; 49 SDR 051, effective 11/27/2022

General Authority: SDCL 36-21A-31.

Law Implemented: SDCL 36-21A-31.