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S.D. Codified Laws § 36-21A-83

Records kept by broker remitting immediately to principal

Source: SL 1992, ch 273, § 83; SL 2013, ch 177, § 31.

A responsible broker who remits immediately to the principal all money received by the responsible broker belonging to the principal without using a trust account shall maintain for at least four years the records that completely disclose all financial dealings between the principal and the responsible broker.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.