Chapter 151

(House Bill 1153)

An Act to revise the number of class hours required to obtain a responsible broker's license.

Be it enacted by the Legislature of the State of South Dakota:

Section 1. That § 36-21A-31 be AMENDED:

36-21A-31. An applicant for a responsible broker's license shall have served actively for two years as a licensed salesperson or broker associate, or a combination thereof, and shall furnish evidence of completion of fifteen twenty-four additional class hours beyond the broker associate level in a course approved by the commission and given by instructors approved by the commission, or in an independent study or distance education course approved by the commission. If the applicant for a responsible broker's license meets all requirements except the fifteen-additional-class-hours requirement for twenty-four additional class hours, the commission or executive director may approve the applicant for a responsible broker's license if the applicant certifies in writing to furnish, conditioned on the applicant furnishing the commission with evidence of completion of the fifteen-additional-class-hours requirement twenty-four additional class hours within six months of the date of the approval. The commission may adopt rules, pursuant to chapter 1-26, to specify requirements for the course of study. Any person licensed as a broker associate under § 36-21A-34.1 shall, in addition to the education requirements of this section, complete the broker examination requirements to qualify as a responsible broker. Any broker licensed prior to July 1, 1996, is exempt from these requirements.

Section 2. This Act is effective on January 1, 2023.

Signed March 8, 2022

Catchlines are not law. (§ 2-16-13.1) Underscores indicate new language.

Overstrikes indicate deleted language.