S.D. Admin. R. 68:02:08:12

Current through Register Vol. 51, page 67, December 16, 2024
Section 68:02:08:12 - Remedies

If there is a default pursuant to § 68:02:08:11 as determined by the board, within thirty days of written demand from the board, the applicant shall repay to GOED the economic development partnership grant disbursed to the applicant. In addition to any other action considered appropriate by the board to protect the interest of the board and the economic development partnership fund, the board may retain counsel and commence a civil action to recover any economic development partnership grant proceeds that the applicant is required to repay.

S.D. Admin. R. 68:02:08:12

39 SDR 221, effective 7/1/2013.

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

Law Implemented: SDCL 1-16G-1.1(5)(7), 1-16G-8(11), 1-16G-51, 1-16G-55.