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 12:07:10:14 - Borrower's responsibilities

Universal Citation: SD Admin Rules 12:07:10:14

Current through Register Vol. 48, page 106, April 11, 2022

The borrower is responsible for the following:

(1) Identifying collateral by the following:

(a) Year;

(b) Type;

(c) Brand name;

(d) Model number; and

(e) Serial number;

(2) Paying fees for the perfection of a security interest;

(3) Maintaining financial information and accounting records; and

(4) Submitting management reports, financial reports, and accounting records to the office and commission upon request.

S.D. Admin. R. 12:07:10:14

12 SDR 117, effective January 19, 1986; 12 SDR 128, 12 SDR 154, effective July 1, 1986; 17 SDR 141, effective March 25, 1991.

General Authority: SDCL 38-6-8.1.

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

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