54-14-20.2. Exemption of attorneys from mortgage loan originator license requirement.Any attorney licensed in this state performing activities that come within the definition of a mortgage loan originator, is not required to be licensed as a mortgage loan originator if such activities are:(1)Considered by the South Dakota Supreme Court to be part of the authorized practice of law in South Dakota;(2)Carried out within an attorney-client relationship; and(3)Accomplished by the attorney in compliance with all applicable laws, rules, and standards of professional conduct. Source: SL 2012, ch 237, §2.
South Dakota Legal Code