S.D. Admin. R. 68:02:08:11

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

Section 68:02:08:11 - Default

Any of the following constitutes a default upon the conditions of an economic development partnership grant:

(1) If the applicant knowingly makes any material false statement or report in the application;

(2) Failure to secure the required matching funds for the economic development partnership grant;

(3) Failure to adhere to the conditions of the economic development partnership grant; or

(4) Repeated failure by the applicant to provide access to documents or to provide the reports and other information required by this chapter.

S.D. Admin. R. 68:02:08:11

39 SDR 221, effective 7/1/2013.

General Authority: SDCL 1-16G-8(9)(11), 1-16G-55.

Law Implemented: SDCL 1-16G-8(9)(11), 1-16G-51, 1-16G-55.