South Dakota Administrative Rules
Title 12 - Department of Agriculture
Article 12:07 - Agriculture enterprise programs
Chapter 12:07:14 - Value adding livestock underwriting
Section 12:07:14:04 - Eligibility requirements for lenders
Universal Citation: SD Admin Rules 12:07:14:04
Current through Register Vol. 50, page 114, March 25, 2024
To be eligible to participate in the program, a lender must meet the following minimum requirements:
(1) Make loans in or near the region or community where the financed project will be located;
(2) Have experience in making livestock loans; and
(3) Be subject to credit examination and supervision by an agency of the United States or this state.
General Authority: SDCL 38-6-8.1.
Law Implemented: SDCL 38-6-3, 38-6-8.
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