S.D. Admin. R. 68:02:07:15
Current through Register Vol. 51, page 56, November 4, 2024
If there is a default pursuant to § 68:02:07:14 as determined by the board, within thirty days of written demand from the board, the project owner shall repay to GOED the reinvestment payment disbursed to the project owner. In addition to any other action considered appropriate by the board to protect the interest of the board and the reinvestment payment fund, the board may retain counsel and commence a civil action to recover any reinvestment payment proceeds that the project owner is required to repay.
S.D. Admin. R. 68:02:07:15
General Authority: SDCL 1-16G-67.
Law Implemented: SDCL 1-16G-1.1(5)(7), 1-16G-67.