Section 36-21A-58 - Renewal of license by salesperson or broker associate without employingbroker--Restrictions on inactive salesperson or broker associate whose licensehas been renewed. - South Dakota Statutes

36-21A-58. Renewal of license by salesperson or broker associate without employing broker--Restrictions on inactive salesperson or broker associate whose license has been renewed. A salesperson or broker associate who is without an employing broker may renew the license by submitting the renewal fee, together with the completed renewal application on which the licensee has noted inactive status. An inactive salesperson or broker associate whose license has been renewed may not engage in the real estate business until the licensee secures a new employing broker.

Source: SL 1992, ch 273, § 58; SL 1998, ch 234, § 4.