36-21B-3. Promulgation of rules. The secretary of the Department of Labor and Regulation may promulgate rules pursuant to chapter 1-26 relating to appraisers and appraisals in the following areas:(1)Certification, licensing, and registration of appraisers;(2)Definition of terms;(3)Uniform standards of professional appraisal practice;(4)Application for and issuance of certificates;(5)Examinations and examination procedures;(6)Pre-certification education criteria and continuing education;(7)Qualifications for and upgrading of a certificate;(8)Transactions requiring certified, licensed, or registered appraisers;(9)Renewal and late renewal procedures;(10)Certificate by reciprocity;(11)Temporary practice and permits;(12)Grounds for disciplinary actions including denial, revocation, suspension, censure, and reprimand;(13)Conflict of interest and investigation;(14)Advertising by certified, licensed, or registered appraisers;(15)Retention and inspection of records, and rosters of appraisers;(16)Appraiser membership, competency, and independence;(17)Review of appraisals and contracting for investigations;(18)Inspection, examination, and photocopy of appraisal records for audit appraisers;(16)Appraiser membership, competency, and independence;(17)Review of appraisals and contracting for investigations;(18)Inspection, examination, and photocopy of appraisal records for audit purposes;(19)Inactive status;(20)Exemptions and standards allowing appraisers to perform an evaluation for a federally insured depository institution;(21)An appraiser experience training program under which licensees may obtain requisite experience hours; and(22)Fees for participation in the appraiser experience training program. Source: SL 1993, ch 293, §2; SL 1995, ch 223, §3; §36-21A-117; SL 2004, ch 17, §237; SL 2011, ch 1 (Ex. Ord. 11-1), §162, eff. Apr. 12, 2011; SL 2020, ch 164, § 3; SL 2021, ch 168, § 34; SL 2021, ch 180, § 1.
South Dakota Legal Code