State Codes and Statutes

Statutes > South-dakota > Title-36 > Chapter-21b > Statute-36-21b-3

36-21B-3. Promulgation of rules relating to appraisers and appraisals. The secretary of the Department of Revenue and Regulation may promulgate rules pursuant to chapter 1-26 relating to appraisers and appraisals and to enable the secretary to promulgate rules in the following areas:
(1) Certification, licensing, and registration of appraisers;
(2) Definition of terms;
(3) Uniform standards of professional appraisal practice;
(4) Application for and issuance of certificates;
(5) Examinations and examination procedures;
(6) Pre-certification education criteria and continuing education;
(7) Qualifications for and upgrading of a certificate;
(8) Transactions requiring certified, licensed, or registered appraisers;
(9) Renewal and late renewal procedures;
(10) Certificate by reciprocity;
(11) Temporary practice and permits;
(12) Complaints and grounds for disciplinary actions including denial, revocation, suspension, censure, and reprimand;
(13) Conflict of interest and investigation;
(14) Advertising by certified, licensed, or registered appraisers;
(15) Retention and inspection of records, and rosters of appraisers;
(16) Appraiser membership, competency, and independence;
(17) Review of appraisals and contracting for investigations;
(18) Inspection, examination, and photocopy of appraisal records for audit purposes; and
(19) Inactive status.

Source: SL 1993, ch 293, § 2; SL 1995, ch 223, § 3; SL 2004, ch 17, § 237.