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 50-12-10 – 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 […]
Section 50-12-12 – Fee for dealer’s license–Fee for additional dealer’s certificates–Fee for additional commercial use stamps–Receipt for and disposition of fees.
50-12-12. Fee for dealer’s license–Fee for additional dealer’s certificates–Fee for additional commercial use stamps–Receipt for and disposition of fees. The fee for an aircraft dealer’s license is two hundred dollars for two calendar years or any fraction thereof. The fee shall accompany the application for the issuance or renewal of an aircraft dealer’s license. The […]
Section 50-12-13 – Expiration of license and commercial use stamp.
50-12-13. Expiration of license and commercial use stamp. The aircraft dealer’s license as provided by §50-12-3 expires on the thirty-first day of January of the second year next succeeding the calendar year in which it was issued. The commercial use stamps as provided by §50-12-8 expire twenty-four months after they are issued, if a valid […]
Section 50-12-3 – Issuance of license–Display–Violation as misdemeanor.
50-12-3. Issuance of license–Display–Violation as misdemeanor. Upon determining that the applicant is entitled to a license, the department shall assign to the applicant a distinctive aircraft dealer license number, and issue the applicant the required number of dealer’s certificates bearing the license number. Each licensed dealer shall display the license in a conspicuous place in […]