Section 36-21A-70 - Effect of suspension, revocation or other action taken against qualifyingbroker--Revocation or suspension of firm license. - South Dakota Statutes

36-21A-70. Effect of suspension, revocation or other action taken against qualifying broker--Revocation or suspension of firm license. If the commission suspends, revokes or takes any other action against a qualifying broker, the action may apply to his firm and the firm license may be revoked, suspended or otherwise disciplined. Each licensee shall terminate his relationship with the disciplined firm if the firm's license has been revoked or suspended.

Source: SL 1992, ch 273, § 70.