S.D. Admin. R. 20:75:07:15

Current through Register Vol. 50, page 159, June 17, 2024
Section 20:75:07:15 - Board's review of reports

After receipt of documentation from the reviewer and the firm under review, the board shall review the file and proceed with § 20:75:07:17 or 20:75:07:18. If the board determines that the firm under review does not comply with §§ 20:75:05:05 and 20:75:05:06, the board may require the reviewer to recall and reissue the report.

If the board determines that the reviewer has not issued the report or findings for further consideration in accordance with §§ 20:75:07:09 to 20:75:07:12. inclusive, and § 20:75:07:15, the board shall return the report or the findings for further consideration, or both, to the reviewer for correction. The board may deny an individual the right to continue as a qualified reviewer if a subsequent report and any findings for further consideration are issued containing the errors the reviewer was previously notified to correct or the board may proceed in accordance with SDCL 36-20B-40 and 36-20B-41.

The reviewer must destroy all work papers upon notification from the board of acceptance of the review.

S.D. Admin. R. 20:75:07:15

29 SDR 16, effective 8/14/2002; 35 SDR 165, effective 12/22/2008; 36 SDR 216, effective 7/6/2010; 45 SDR 084, effective 12/31/2019; 45 SDR 084, effective 1/1/2020

General Authority: SDCL 36-20B-12(2)(9).

Law Implemented: SDCL 36-20B-36.