S.D. Admin. R. 20:09:25:04

Current through Register Vol. 50, page 159, June 17, 2024

Section 20:09:25:04 - Terms and conditions

The authority shall specify the terms and conditions for loans, guarantees, and grants in the contract between the authority and the applicant. The authority shall give priority to projects which have at least a thirty-five percent lending participation from a commercial lender.

S.D. Admin. R. 20:09:25:04

22 SDR 64, effective 11/11/1995.

General Authority: SDCL 11-11-30, 11-11-128, 11-11-141, 11-11-143, 11-11-165, 11-11-180.

Law Implemented: SDCL 11-11-106, 11-11-110, 11-11-118, 11-11-151.