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20:77:03:06Change

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

of ownership -- new application. If a registered appraisal management company has a change of ownership that results in a new owner that holds 10% or greater interest or a change in ownership that increases an existing individual's total ownership to 10% or greater interest, it shall apply in writing for a certificate of registration as a new appraisal management company under this article and shall complete an irrevocable Uniform Consent to Service of Process on a form approved by the secretary.

Source: 45 SDR 45, effective October 8, 2018.