South Dakota Administrative Rules
Title 12 - Department of Agriculture
Article 12:07 - Agriculture enterprise programs
Chapter 12:07:14 - Value adding livestock underwriting
Section 12:07:14:11 - Loan proceeds
Universal Citation: SD Admin Rules 12:07:14:11
Current through Register Vol. 51, page 43, September 23, 2024
The proceeds of the loan to be guaranteed may be used only for the purchase of livestock. The borrower shall have a maximum of 60 days from the date of the conditional approval of the guaranty to purchase the livestock.
General Authority: SDCL 38-6-8.1.
Law Implemented: SDCL 38-6-3, 38-6-8.
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