A salesperson or broker associate who is not associated with a responsible broker may renew the license by submitting the renewal fee, together with the completed renewal application on which the licensee has noted inactive status. An inactive salesperson or broker associate whose license has been renewed may not engage in the real estate business until the licensee secures a new responsible broker.
S.D. Codified Laws § 36-21A-58
Renewal of license by salesperson or broker associate not associated with responsible broker--Restrictions on inactive salesperson or broker associate
Applied in 1 court decision — leading case St. Pierre v. State Ex Rel. South Dakota Real Estate Commission (2012)
Most recently applied in St. Pierre v. State Ex Rel. South Dakota Real Estate Commission (April 2012)
Source: SL 1992, ch 273, § 58; SL 1998, ch 234, § 4; SL 2011, ch 180, § 7.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.