ARSD 20:36:03:10. Examination -- Effect of passing or failing

The fact that an applicant has passed successfully any examination for which he was eligible shall not entitle him to a certificate of registration to engage in abstracting as an independent operator under his own or a firm name and seal unless he, or his firm has an approved abstract plant as required by the laws of South Dakota and this article. If the applicant is to become an employee of, or partner with, any person or member of any corporation or firm having such approved plant, at that time the registration may be granted. If the person passing such examination shall at any time within one year after receiving notice that he has successfully passed the examination, acquired either by completing construction, purchase, or other legal method of acquisition an approved abstract plant as required by the laws of South Dakota, he shall then be issued his certificate of registration upon establishing such acquisition to the satisfaction of the board; provided, also, that the board may by resolution duly adopted and entered in its minutes extend the period for completing acquisition of such abstract plant or securing the approval of the board thereof, for an additional year and issue the certificate without further examination of the applicant. The failure of an applicant at any examination shall in no manner affect his rights to any future examinations held by the board.