36-21B-13 . Evaluation for federally insured depository institution.
A certified, licensed, or registered appraiser may provide an evaluation of real estate for a federally insured depository institution if the evaluation is permitted by law, regulation, or regulatory guidance. Any evaluation by an appraiser must be conducted in accordance with federal and state laws and rules, regulatory guidelines, and the most current appraisal and evaluation guidelines established for federally insured depository institutions by one or more federal financial institution regulatory agency.
Source: SL 2020, ch 164, ยง 4.
Structure South Dakota Codified Laws
Title 36 - Professions and Occupations
Chapter 21B - Real Estate Appraisers
Section 36-21B-1 - Appraisers to be certified, licensed, or registered--Injunction for violation.
Section 36-21B-2 - Definitions.
Section 36-21B-2.2 - Criminal background checks.
Section 36-21B-2.3 - Grounds for denying issuance of certificate.
Section 36-21B-3 - Promulgation of rules.
Section 36-21B-4 - Promulgation of rules to establish fees for certification of appraisers.
Section 36-21B-5 - Fees credited to Real Estate Appraisers Fund.
Section 36-21B-6 - Legislative appropriations of Real Estate Appraiser Fund.
Section 36-21B-7 - Penalty for violation of statute or rule.
Section 36-21B-8 - Application of chapter.
Section 36-21B-10 - Contested cases--Assessment of expenses.
Section 36-21B-11 - Improper influence on real estate appraisals prohibited--Grounds for discipline.
Section 36-21B-12 - Conduct not constituting improper influence on real estate appraisals.
Section 36-21B-13 - Evaluation for federally insured depository institution.