The board shall, by rule promulgated pursuant to chapter 1-26, establish a schedule of fees for doing business under the provisions of this chapter and shall furnish to each licensed abstracter a copy of such schedule and any amendments. The board shall also establish, by rule promulgated pursuant to chapter 1-26, a schedule of fees and the requirements for an abstracter's services for countersigning title insurance policies pursuant to § 58-25-16. It is a Class 2 misdemeanor to exceed the schedule established by the Abstracters' Board of Examiners.

Source: SDC 1939, § 1.0201; SL 1951, ch 1 ; SL 1953, ch 2 ; SL 1971, ch 215 ; SL 1977, ch 190 , § 176; SL 1980, ch 256 , § 1; SL 1986, ch 302 , § 43; SL 2008, ch 195 , § 31.