S.D. Admin. R. 12:22:03:08

Current through Register Vol. 51, page 67, December 16, 2024
Section 12:22:03:08 - Acceptance and time restrictions of applicant

Within 60 days after official funding approval by the board, the applicant must accept the approval, including any conditions required by the board, in writing or the approval is void. Within six months after written acceptance, the applicant must commence the project. The official funding approval must lay out the disbursement and repayment terms, if any, of the approved funding.

S.D. Admin. R. 12:22:03:08

40 SDR 109, effective 12/9/2013.

General Authority: SDCL 38-6-16.

Law Implemented: SDCL 38-6-16.