South Dakota Administrative Rules
Title 12 - Department of Agriculture
Article 12:07 - Agriculture enterprise programs
Chapter 12:07:10 - Natural Resources Conservation Equipment loan Program
Section 12:07:10:08 - Loan amount

Universal Citation: SD Admin Rules 12:07:10:08
Current through Register Vol. 48, page 106, April 11, 2022

The maximum loan amount that can be borrowed by a district is $30100,000. The loan amount may not exceed eighty percent of the purchase value of the equipment.

S.D. Admin. R. 12:07:10:08

12 SDR 117, effective January 19, 1986; 12 SDR 128, 12 SDR 154, effective July 1, 1986; 17 SDR 141, effective March 25, 1991; 45 SDR 031, effective 9/13/2018

General Authority: SDCL 38-6-8.1.

Law Implemented: SDCL 38-6-3, 38-6-8.

This section was updated on 9/1/2018 by overlay.

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