S.D. Admin. R. 68:02:01:39

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

Section 68:02:01:39 - REDI loan as take-out financing

Unless otherwise specifically provided in the resolution or motion approving the loan, the applicant shall use the loan to pay off interim financing incurred for the project.

S.D. Admin. R. 68:02:01:39

34 SDR 68, effective 9/13/2007.

General Authority: SDCL 1-16G-5, 1-16G-8(9).

Law Implemented: SDCL 1-16G-5, 1-16G-8(9).