S.D. Admin. R. 12:03:03:12

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

Section 12:03:03:12 - Approval procedure for loan extension or modification request

Upon the approval of a request for an extension or modification of the terms of a loan, the commission shall provide a form containing the revised terms and conditions of the loan to the district. The designated signatory shall sign the agreement form in the name of the district at a district meeting. The district shall submit the agreement form and a of the minutes of the district meeting at which the document was signed to the division.

S.D. Admin. R. 12:03:03:12

11 SDR 59, effective 10/29/1984; 12 SDR 128, 12 SDR 154, effective 7/1/1986; 21 SDR 90, effective 11/14/1994; 49 SDR 049, effective 11/23/2022

General Authority: SDCL 38-8-53, 38-8-53.1.

Law Implemented: SDCL 38-8-53, 38-8-53.1.