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South Dakota surety bond

Appraisal Management Surety Bond Now Required in South Dakota

Appraisal Management Surety Bond Now Required in South Dakota

An applicant for issuance or renewal of an appraisal management company registration shall file with the Department of Labor and Regulation a surety bond with one or more corporate sureties authorized to do business in this state of twenty-five thousand dollars. ($25,000).
The surety bond shall be conditioned upon the following:

 That the appraisal management company pay all amounts owed to a person …