S.D. Admin. R. 20:69:13:22

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

Section 20:69:13:22 - Supervising agent

A developer must designate a real estate broker or time-share agent licensed in South Dakota as the supervising agent who has general superintending control over all time-share agents employed in South Dakota by that person. The supervising agent is also responsible for the actions of all outside public contacts who are employed by the principal or by the supervising agent.

S.D. Admin. R. 20:69:13:22

10 SDR 68, effective 1/1/1984; 10 SDR 121, amended May 17, 1984, retroactively effective 1/1/1984; 12 SDR 151, 12 SDR 155, effective 7/1/1986; 15 SDR 100, effective 1/10/1989; transferred from

General Authority: SDCL 36-21A-89, 43-15B-6.

Law Implemented: SDCL 36-21A-47, 43-15B-6, 43-15B-7.

Definitions, § 20:69:12:01(3).