§ 61:24:06:01

ARSD 61:24:06:01

Certification of pool required.

Effective Jan 15, 199117 SDR 98Source: 17 SDR 98, effective January 15, 1991. | General Authority: SDCL 32-6B-7.1. | Law Implemented: SDCL 32-6B-7.1.

No pool of assets established to satisfy a vehicle dealer's bonding requirements may operate until the pool arrangement has been certified by the department to meet the requirements of SDCL 32-6B-7.1 and this chapter.

Source: 17 SDR 98, effective January 15, 1991.

General Authority: SDCL 32-6B-7.1.

Law Implemented: SDCL 32-6B-7.1.