S.D. Admin. R. 68:02:08:09
The GOED shall perform the administrative functions of the creation, processing, and review of economic development partnership applications; the creation, processing, and review of documentation necessary to evidence compliance with the terms and conditions of the economic development partnership grant and the requirements of this chapter; disbursement of economic development partnership grants in accordance with conditions imposed pursuant to this chapter; and other tasks necessary to expedite and assist the board in the board's duties. Notwithstanding any assurance, guarantee, communication, or representation made to the contrary, there is no commitment of the economic development partnership fund without specific authorization by the board. Only the board may approve an economic development partnership grant from the economic development partnership fund.
S.D. Admin. R. 68:02:08:09
General Authority: SDCL 1-16G-8(5)(7), 1-16G-55.
Law Implemented: SDCL 1-16G-8(5)(7), 1-16G-51, 1-16G-55.