S.D. Admin. R. 70:05:03:13

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

Section 70:05:03:13 - Review of financial status

The board or the department may conduct an overall review of the financial status of an applicant or borrower and any benefitted entity. The review may include an analysis of all assets and liabilities and an analysis of the ability of the applicant or borrower and any benefitted entity to service and honor the loan commitments.

S.D. Admin. R. 70:05:03:13

19 SDR 107, effective 1/24/1993; 49 SDR 047, effective 11/21/2022

General Authority: SDCL 49-16C-3.

Law Implemented: SDCL 1-44-20, 49-16C-3.