When a domestic condominium project is offered for sale in this state, the developer shall notify the commission in writing of the intention to sell the offering. The notice of intent must be on a form approved by the commission.

Source: 3 SDR 34, effective November 3, 1976; 12 SDR 102, effective December 22, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 15 SDR 100, effective January 10, 1989; transferred from § 20:56:13:08, August 16, 1993.

General Authority: SDCL 43-15A-30.

Law Implemented: SDCL 43-15A-10.