Section 50-12-14 – Dealer’s license–Renewal–Requirements–Appeal–Fees.
50-12-14. Dealer’s license–Renewal–Requirements–Appeal–Fees. Each licensed dealer on or before February first of the second year shall apply for the renewal of the dealer’s license. The dealer shall verify having sold or brokered at least six aircraft within the past twenty-four calendar months. However, any dealer not meeting the requirements of this section may appeal to […]
Section 50-12-16 – Refusal, suspension, or revocation of dealer’s license–Grounds.
50-12-16. Refusal, suspension, or revocation of dealer’s license–Grounds. The department may refuse to issue or renew, or may suspend or revoke, an aircraft dealer’s license if the department has reasonable grounds to believe that the dealer has: (1)Forged or altered any federal certificate, permit, rating, or license, relating to ownership or airworthiness of an aircraft; […]
Section 50-12-17 – Hearing on revocation, suspension, or nonrenewal–Notice of hearing–Appeal.
50-12-17. Hearing on revocation, suspension, or nonrenewal–Notice of hearing–Appeal. No license may be revoked or suspended, nor may the renewal of any license be refused until after a hearing by the commission, of which the licensee has ten days’ notice of the time and place of the hearing. If any license is revoked or suspended, […]
Section 50-12-18 – Return of fees upon refusal to issue license–Statement of reasons for refusal–Appeal.
50-12-18. Return of fees upon refusal to issue license–Statement of reasons for refusal–Appeal. If the department refuses to issue a license upon an original application, the department shall remit to the applicant all fees accompanying the application. Refusal may be on any of the grounds as set forth in §50-12-16. The department shall set forth […]
Section 50-12-20 – Promulgation of rules.
50-12-20. Promulgation of rules. The commission may promulgate all necessary rules pursuant to chapter 1-26 for the purpose of carrying out the purposes and intent of this chapter. Source: SDC 1939, §2.0713 as enacted by SL 1966, ch 1, §9; SL 2010, ch 227, §98.
Section 50-12-22 – Inspection of dealer’s records.
50-12-22. Inspection of dealer’s records. The department may inspect the pertinent books, letters, records, and contracts of any licensed aircraft dealer periodically or relating to specific complaints made against a dealer and which may be in violation of provisions of this chapter. Source: SL 1993, ch 349, §6; SL 2014, ch 222, §103.
Section 50-12-7 – Transfer of aircraft to new owner–Delivery of certificate to department–Violation as misdemeanor–Civil penalty.
50-12-7. Transfer of aircraft to new owner–Delivery of certificate to department–Violation as misdemeanor–Civil penalty. Upon the sale of any aircraft bearing an aircraft dealer’s certificate, the dealer shall comply with §§50-11-22 and 50-11-23. If possession of an aircraft is transferred to a new owner, the dealer shall deliver the aircraft dealer’s certificate and sales affidavit […]
Section 50-12-8 – Dealer’s commercial use stamp–Fee–Permissible uses under stamp–Violation as misdemeanor–Expiration of stamp.
50-12-8. Dealer’s commercial use stamp–Fee–Permissible uses under stamp–Violation as misdemeanor–Expiration of stamp. Upon application in writing on a form furnished by the department and the payment of a fee of one hundred dollars for each aircraft to be so used, the department shall furnish a dealer with a commercial use stamp upon which is printed […]
Section 50-12-9 – Registration of aircraft under §§ 50-11-12 and 50-11-19.
50-12-9. Registration of aircraft under §§50-11-12 and 50-11-19. Any aircraft subject to registration under an aircraft dealer’s certificate for a period exceeding twenty-four months shall be registered in accordance with §§50-11-12 and 50-11-19. Source: SDC 1939, §2.0705 as enacted by SL 1966, ch 1, §9; SL 1980, ch 330, §5; SL 2010, ch 227, §89; […]
Section 50-12-10 – Display of certificate and stamp–Possession of aircraft–Violation as misdemeanor.
50-12-10. Display of certificate and stamp–Possession of aircraft–Violation as misdemeanor. The aircraft dealer’s certificate and commercial use stamp shall at all times be conspicuously carried and displayed in the aircraft subject to such certificate and commercial use stamp. The aircraft if so licensed shall remain in the possession of or under the control of the […]