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20:14:04:04Appraisal

Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗

not required. To determine whether or not an appraisal is needed under this article in connection with a real estate-related financial transaction, a financial institution shall comply with the guidelines and the threshold levels set by the federal financial institutions regulatory agencies, as applicable. Threshold levels are specified in § 20:14:04:05.

Source: 18 SDR 36, effective August 25, 1991; 23 SDR 113, effective January 12, 1997; 47 SDR 71, effective December 14, 2020.