S.D. Admin. R. 12:21:01:15
Current through Register Vol. 51, page 67, December 16, 2024
No bond proceeds may be used for an unqualified purpose or by an unqualified user. Following disbursement of the bond proceeds, the authority may require the lender and the beginning farmer to certify to the authority that the proceeds were used by a qualified beginning farmer for a qualified purpose.
S.D. Admin. R. 12:21:01:15
General Authority: SDCL 1-16E-24.
Law Implemented: SDCL 1-16E-24.
Eligibility, § 12:21:01:07.