South Dakota Administrative Rules
Title 20 - PUBLIC SAFETY
Article 20:07 - BANKING
Chapter 20:07:19 - Mortgage lenders and mortgage brokers
Section 20:07:19:03 - Renewal fees
Universal Citation: SD Admin Rules 20:07:19:03
Current through Register Vol. 50, page 114, March 25, 2024
The annual renewal fee for a mortgage lender is five hundred dollars, the annual renewal fee for a mortgage broker or mortgage brokerage is three hundred fifty dollars, and the annual renewal fee for a mortgage loan originator is seventy-five dollars. Any licensee or registrant that files for renewal after December first but before January first will pay a late fee, equal to twenty percent of the renewal fee, in addition to the renewal fee.
General Authority: SDCL 54-14-19.
Law Implemented: SDCL 54-14-18, 54-14-19.
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