{"data":{"id":"us-sd/sdcl-36-21a-114","jurisdiction":"us-sd","citation":"SDCL § 36-21A-114","heading":"Suspension of license when payment from fund authorized--Repayment to fund required for reinstatement.","body":"If the commission pays from the fund any amount in settlement of a claim or toward satisfaction of a judgment against a licensee, the license shall automatically be suspended upon the effective date of an order by the court authorizing payment from the fund. No licensee may be reinstated or issued a license until he has repaid in full the amount paid from the fund on his account plus interest thereon at the Category A rate of interest as established in § 54-3-16. A discharge in bankruptcy does not relieve a person from the penalties and disabilities provided in this section.","path":["TITLE 36. PROFESSIONS AND OCCUPATIONS","CHAPTER 36-21A. REAL ESTATE LICENSING"],"source_url":"https://sdlegislature.gov/Statutes/36-21A-114","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"dcb05431a14c8f84c7e5d0c28cf1724e3de2250d4d78298c4a5a6aaf9690a36a","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-36-21a-113","next":"us-sd/sdcl-36-21a-115"},"notice":"GroundRules: Original legal text. Not legal advice."}