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Code · South Dakota · Title 36 · Chapter 36-21

36-21A-112. Maximum liability of fund for acts of one licensee.

62 words·~1 min read·/sd/title-36/chapter-36-21/36-21a-112

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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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