A licensed broker may divide or share a real estate commission with a licensed broker in another state if the latter does not carry on any of the negotiations in this state either by physically entering the state or by communicating with the broker electronically or through other media.

Source: 3 SDR 34, effective November 3, 1976; transferred from § 20:56:14:01, 10 SDR 54, effective December 5, 1983; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 18 SDR 101, effective December 17, 1991; transferred from § 20:56:05:11.01, 20 SDR 18, effective August 16, 1993; 35 SDR 305, effective July 1, 2009.

General Authority: SDCL 36-21A-89(3).

Law Implemented: SDCL 36-21A-54.