36-21D-8. Monetary penalty for violation.
The secretary of the Department of Labor and Regulation may impose a monetary penalty not to exceed two thousand dollars on an appraisal management company registered pursuant to this chapter or on an unregistered appraisal management company performing appraisal management services in this state, upon proof of a violation of the rules relating to appraisal management companies as adopted by the department pursuant to chapter 1-26 or a violation of this chapter.
Source: SL 2011, ch 184, ยง8.
Structure South Dakota Codified Laws
Title 36 - Professions and Occupations
Chapter 21D - Appraisal Management Companies
Section 36-21D-2 - Appraisal management company defined.
Section 36-21D-3 - Appraisal defined.
Section 36-21D-4 - Promulgation of rules regarding companies and services.
Section 36-21D-5 - Promulgation of rules regarding fees.
Section 36-21D-6 - South Dakota appraisal management companies fund.
Section 36-21D-7 - Expenditure from fund only upon appropriation.
Section 36-21D-8 - Monetary penalty for violation.
Section 36-21D-9 - Assessment of expenses of contested case proceeding.
Section 36-21D-10 - Prohibited conduct--Grounds for discipline.
Section 36-21D-11 - Permissible conduct.
Section 36-21D-13 - Maintenance of surety bond or irrevocable letter of credit.
Section 36-21D-14 - Action against surety bond or irrevocable letter of credit.