36-21A-33. Denial of application--Reasons.An application may be denied for any one of the following reasons:(1)The applicant has written insufficient funds checks within the calendar year before application or has written an insufficient funds check for the application;(2)The applicant has been convicted of a felony or of a misdemeanor involving moral turpitude. If the applicant is a firm, a license may be denied if any partner, associate, director, stockholder, officer, or responsible broker has been convicted of a felony or of a misdemeanor involving moral turpitude;(3)The applicant has been disciplined by a regulatory agency in relation to activities as a real estate salesperson or broker, broker associate, firm, appraiser, mortgage broker, auctioneer, or any other regulated licensee, including insurance, securities, law, and commodities trading;(4)The applicant has failed to satisfy the requirements as provided by this chapter;(5)The applicant has failed the prelicense school examination;(6)The applicant has not met education requirements;(7)The applicant made deliberate misstatements, deliberate omissions, misrepresentations, or untruths in the application; or(8)The applicant nation;(6)The applicant has not met education requirements;(7)The applicant made deliberate misstatements, deliberate omissions, misrepresentations, or untruths in the application; or(8)The applicant has a current and unpaid judgment filed against the applicant. Source: SL 1992, ch 273, §33; SL 1993, ch 290; SL 2011, ch 180, §2; SL 2020, ch 162, §2; SL 2023, ch 138, §2.
South Dakota Legal Code