S.D. Admin. R. 68:02:07:12
The GOED shall perform the administrative functions of the creation, processing, and review of reinvestment payment applications; the creation, processing, and review of documentation necessary to evidence compliance with the terms and conditions of the reinvestment payment and the requirements of this chapter; disbursement of reimbursement payments in accordance with conditions imposed pursuant to this chapter; and other tasks necessary to expedite and assist the board in the board's duties. Notwithstanding any assurance, guarantee, communication, or representation made to the contrary, there is no commitment of the reinvestment payment fund without specific authorization by the board. Only the board may approve a reinvestment payment from the reinvestment payment fund.
S.D. Admin. R. 68:02:07:12
General Authority: SDCL 1-16G-8(5)(7), 1-16G-67.
Law Implemented: SDCL 1-16G-8(5)(7), 1-16G-67.