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 12:07:10:12 - Subsequent loan requests
Universal Citation: SD Admin Rules 12:07:10:12
Current through Register Vol. 51, page 43, September 23, 2024
The administrator shall consider subsequent loan requests by a district according to the following criteria:
(1) The process as defined in §§ 12:07:10:03 to 12:07:10:06, inclusive;
(2) The limit in § 12:07:10:08;
(3) A review of existing loan status and performance; and
(4) Payoff of the borrower's outstanding loan principal and interest.
General Authority: SDCL 38-6-8.1.
Law Implemented: SDCL 38-6-3, 38-6-8.
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