South Dakota Codified Laws 54-4-79. Contracts for collection and maintenance of records and processing of fees
Current as of: 2023 | Check for updates
|
Other versions
The director may establish relationships or contracts with the nationwide mortgage licensing system and registry or other entity designated by the nationwide mortgage licensing system and registry to collect and maintain records and process a transaction fee or other fee related to any licensee or other person subject to the provisions of this chapter.
Terms Used In South Dakota Codified Laws 54-4-79
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
Source: SL 2015, ch 242, § 8.