S.D. Admin. R. 12:21:01:08
Current through Register Vol. 51, page 67, December 16, 2024
Agricultural improvements and agricultural depreciable property that are to become a fixture or an integral part of real estate may be financed by the authority only if the beginning farmer owns the real estate on which the property or improvement will be located and the real estate is less than thirty percent of the median size farm in the county of residence or if the beginning farmer has a lease to use the real estate for a term at least as long as the loan remains outstanding.
S.D. Admin. R. 12:21:01:08
General Authority: SDCL 1-16E-24.
Law Implemented: SDCL 1-16E-24.