S.D. Admin. R. 12:22:01:02

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

Section 12:22:01:02 - Contents of application

An applicant for an agribusiness bonding program loan must apply for the loan on a form provided by the authority. The application must include the following:

(1) The applicant's name, address;

(2) A description of the anticipated use of loan proceeds;

(3) The amount of the loan;

(4) The applicant's down payment, if any.

An application is complete when all documents needed to approve a loan are submitted.

S.D. Admin. R. 12:22:01:02

23 SDR 161, effective 4/7/1997.

General Authority: SDCL 1-16E-24.

Law Implemented: SDCL 1-16E-7, 1-16E-24.