South Dakota Administrative Rules
Title 12 - Department of Agriculture
Article 12:22 - Agribusiness bonding and lending programs
Chapter 12:22:01 - General provisions
Section 12:22:01:02 - Contents of application

Universal Citation: SD Admin Rules 12:22:01:02

Current through Register Vol. 51, page 43, September 23, 2024

An applicant for an agribusiness bonding program loan must apply for the loan on a form provided by the authority. The application must include the following:

(1) The applicant's name, address;

(2) A description of the anticipated use of loan proceeds;

(3) The amount of the loan;

(4) The applicant's down payment, if any.

An application is complete when all documents needed to approve a loan are submitted.

General Authority: SDCL 1-16E-24.

Law Implemented: SDCL 1-16E-7, 1-16E-24.

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