S.D. Admin. R. 12:07:20:18

Current through Register Vol. 51, page 67, December 16, 2024

Section 12:07:20:18 - Borrower's responsibilities

Borrowers are responsible for the following:

(1) Identifying collateral;

(2) Maintaining accounting records and management reports; and

(3) Submitting accounting records and management reports to the lender and administrator upon request.

S.D. Admin. R. 12:07:20:18

25 SDR 95, effective 1/20/1999.

General Authority: SDCL 38-6-8.1.

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