For the purposes of this article, a federally related transaction is any real estate-related transaction, as defined in § 20:14:04:02, entered into after December 31, 1991, which federal regulatory agencies engage in, contracts for, or regulates, and which requires the services of an appraiser.
S.D. Admin. R. 20:14:04:01
General Authority: SDCL 36-21B-3(8).
Law Implemented: SDCL 36-21B-1, 36-21B-3(8).