Section 36-21A-27 - Person acting as broker deemed to be broker within meaning of this chapter. - South Dakota Statutes

36-21A-27. Person acting as broker deemed to be broker within meaning of this chapter. A person, unless exempted under this chapter, who, directly or indirectly, for another, with the intention or upon the promise of receiving compensation or consideration, offers, attempts or agrees to perform or performs any single act that may be performed by a broker as described in § 36-21A-6, whether as a part of a transaction or as an entire transaction, is deemed a broker or salesman within the meaning of this chapter. No person licensed under this chapter comes within the exceptions set forth in this chapter including any transaction in which he has a personal interest.

Source: SL 1992, ch 273, § 27.