Section 36-21A-47 - Restricted broker's license--Termination and prosecution if licensee exceedsauthority. - South Dakota Statutes

36-21A-47. Restricted broker's license--Termination and prosecution if licensee exceeds authority. The commission may promulgate rules pursuant to chapter 1-26 to provide for the issuance of a restricted broker's license to auctioneers, property managers, mortgage brokers or such other categories as the commission determines. The licensee may perform only those duties specified by the license. If the licensee exceeds the authority granted, his license may be terminated and criminal proceedings brought against him.

Source: SL 1992, ch 273, § 47.