SDCL § 36-21A-112: Maximum liability of fund for acts of one licensee.
Where this section sits in the code
- TITLE 36. PROFESSIONS AND OCCUPATIONS
- CHAPTER 36-21A. REAL ESTATE LICENSING
The liability of the fund for the acts of a licensee, when acting as such and occurring before the date of the court order entered pursuant to §§ 36-21A-101 to 36-21A-115, inclusive, is terminated whenever such order authorizes payments from the fund for judgments or unsatisfied portions thereof, in an aggregate amount of fifteen thousand dollars on behalf of such licensee.
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