S.D. Admin. R. 12:07:14:13

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

Section 12:07:14:13 - Certification of guaranty

Within 10 days of receiving the loan documentation, the office shall issue the guaranty for an amount not to exceed 50 percent of the proceeds spent for the purchase of the livestock or $100,000, whichever is less.

S.D. Admin. R. 12:07:14:13

17 SDR 141, effective 3/25/1991; 29 SDR 34, effective 9/18/2002; 38 SDR 45, effective 9/22/2011.

General Authority: SDCL 38-6-8.1.

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