2012 South Dakota Codified Laws
Title 54 DEBTOR AND CREDITOR
Chapter 14. Mortgage Lender Business
§54-14-25 Violation of license or registration requirements--Misdemeanor.


SD Codified L § 54-14-25 (through 2012) What's This?


54-14-25. Violation of license or registration requirements--Misdemeanor. Any person, who without first obtaining a license or registration under this chapter, engages in the business or occupation of, or advertises or holds the person out as, or claims to be, or temporarily acts as, a mortgage broker, mortgage brokerage, mortgage lender, or mortgage loan originator in this state is guilty of a Class 2 misdemeanor and may be held responsible for all costs of prosecution, including restitution.

Source: SL 2007, ch 279, § 14; SL 2009, ch 251, § 26.

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