S.D. Admin. R. 74:05:11:18.01

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

Section 74:05:11:18.01 - Disadvantaged loans to project sponsors acting on behalf of a disadvantaged community

A community water system that does not meet the disadvantaged criteria, if it is constructing a project to directly benefit a disadvantaged community, may receive a loan with the same additional subsidy in the form of principal forgiveness or interest rate and term that the disadvantaged community would receive.

28 SDR 95, effective 12/19/2001; 36 SDR 208, effective 6/28/2010.

General Authority: SDCL 46A-1-60.1 to 46A-1-60.3.

Law Implemented: SDCL 46A-1-60.1 to 46A-1-60.3.