54-14-25. Violation of license or registration requirements--Misdemeanor.
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/sd/title-54/chapter-54-14/54-14-25·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.