S.D. Admin. R. 20:69:06:02

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:69:06:02 - Auctioneers - License required

A restricted broker's license, referred to in this chapter as an auctioneer's license, is required for any person not licensed as a real estate broker who is acting as a real estate auctioneer. A real estate salesperson or broker associate acting under the auspices and supervision of a licensed real estate broker may sell real estate at auction without an auctioneer's license. A real estate broker may obtain an auctioneer's license without examination.

S.D. Admin. R. 20:69:06:02

1 SDR 33, effective 1/1/1975; 3 SDR 34, effective 11/3/1976; 12 SDR 151, 12 SDR 155, effective 7/1/1986; transferred from

General Authority: SDCL 36-21A-47, 36-21A-89(7).

Law Implemented: SDCL 36-21A-47, 36-21A-12.