S.D. Admin. R. 20:69:13:18

Current through Register Vol. 51, page 57, November 12, 2024

Section 20:69:13:18 - Trust account requirements

All the requirements relating to trust accounts imposed by SDCL Chapter 36-21 A or Article 20:69 upon real estate agents apply to time-share agents.

S.D. Admin. R. 20:69:13:18

10 SDR 68, effective 1/1/1984; 12 SDR 151, 12 SDR 155, effective 7/1/1986; transferred from

General Authority: SDCL 36-21A-89, 43-15B-6.

Law Implemented: SDCL 36-21A-47, 43-15B-6, 43-15B-7.

Handling of money received by broker for principal, SDCL 36-21A-80. Deposit slip and ledger sheet for special trust account, SDCL 36-21A-82. Documents kept by broker remitting immediately to principal, SDCL 36-21A-83. Completed transaction required for compensation of broker, SDCL 36-21A-84. Acts constituting unprofessional conduct, SDCL 36-21A-71(5).