Section 36-21A-112 - Maximum liability of fund for acts of one licensee. - South Dakota Statutes

36-21A-112. Maximum liability of fund for acts of one licensee. The liability of the fund for the acts of a licensee, when acting as such and occurring before the date of the court order entered pursuant to §§ 36-21A-101 to 36-21A-115, inclusive, is terminated whenever such order authorizes payments from the fund for judgments or unsatisfied portions thereof, in an aggregate amount of fifteen thousand dollars on behalf of such licensee.

Source: SL 1992, ch 273, § 112.