S.D. Admin. R. 12:07:14:12

Current through Register Vol. 51, page 71, January 6, 2025

Section 12:07:14:12 - Maximum term of the guaranty

Loan maturities and repayment schedules shall be based upon the purpose and type of livestock to be purchased, but the guaranty on a loan may not exceed 26 months from the loan inception date.

S.D. Admin. R. 12:07:14:12

17 SDR 141, effective 3/25/1991.

General Authority: SDCL 38-6-8.1.

Law Implemented: SDCL 38-6-3, 38-6-8.