South Dakota Administrative Rules
Title 20 - PUBLIC SAFETY
Article 20:09 - HOUSING DEVELOPMENT AUTHORITY
Chapter 20:09:05 - Home ownership loans
Section 20:09:05:01 - Loans through administrative agents
Universal Citation: SD Admin Rules 20:09:05:01
Current through Register Vol. 50, page 114, March 25, 2024
The authority may purchase loans made by administrative agents to eligible applicants for single-family residential housing units. The board will provide mortgage capital in the amounts to which the administrative agent commits itself through a contract with the authority.
General Authority: SDCL 11-11-30, 11-11-128, 11-11-141, 11-11-143, 11-11-165, 11-11-168, 11-11-180.
Law Implemented: SDCL 11-11-3(5), 11-11-7, 11-11-34, 11-11-35, 11-11-40, 11-11-43, 11-11-52, 11-11-106, 11-11-110, 11-11-148, 11-11-151.
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