S.D. Admin. R. 68:02:07:11
Current through Register Vol. 51, page 67, December 16, 2024
Within 90 days of receiving the completed affidavit for reinvestment payment and a determination by GOED that all terms and conditions imposed pursuant to this chapter have been met, GOED shall tender the reinvestment payment to the project owner or the project owner's assignee. If the project owner or assignee has granted a security interest in the expectation of receipt of the reinvestment payment, payment shall be made jointly-payable to the project owner or assignee and the holder of the security interest.
S.D. Admin. R. 68:02:07:11
General Authority: SDCL 1-16G-8(9), 1-16G-67.
Law Implemented: SDCL 1-16G-8(9), 1-16G-63, 1-16G-67.