SDCL § 54-14-13.2: (See § 54-14-13.3 for effective dates) Mortgage loan originator license--Renewal standards.

The minimum standards for license renewal for mortgage loan originators shall include the following:

(1) The mortgage loan originator continues to meet the minimum standards for license issuance under subdivisions 54-14-13.1(1) to (5), inclusive; and

(2) The mortgage loan originator has satisfied the annual continuing education requirements provided by rule pursuant to § 54-14-31.