S.D. Admin. R. 68:02:02:26
Current through Register Vol. 51, page 56, November 4, 2024
The borrower shall submit to the board quarterly reports describing progress on the study, including compliance with the time line and budget contained in the application. Any material deviation from any condition imposed by the board or in the loan agreement may result in the withholding of further funding or the declaration of a default. The borrower shall submit a final written report describing the work performed, results obtained, and potential economic impact within 90 days of completion of the study.
S.D. Admin. R. 68:02:02:26
General Authority: SDCL 1-16G-5, 1-16G-8(5).
Law Implemented: SDCL 1-16G-5, 1-16G-8(5), 1-16G-25 to 1-16G-27, inclusive.