South Dakota Administrative Rules
Title 31 - Governor's Office of Economic Development
Article 31:02 - Ethanol infrastructure incentive program
Chapter 31:02:01 - Ethanol Infrastructure Incentive Program
Section 31:02:01:08 - Default

Universal Citation: SD Admin Rules 31:02:01:08

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

Any of the following constitutes a default upon the terms of an ethanol infrastructure incentive program grant:

(1) Any part of a grant application is shown to be materially false or misleading;

(2) Any part of the grant is used for any purpose other than reimbursement for eligible project costs;

(3) The grantee fails to commence or complete the project within the time allowed by this chapter;

(4) For projects involving the installation of ethanol blender pumps, the grantee fails to continue to sell ethanol blends in excess of fifteen percent ethanol for a minimum of twenty-four months after project completion; or

(5) Repeated failure by the grantee to provide access to facilities or documents or to provide the reports and other information required by this chapter.

General Authority: SDCL 10-47B-164.1, 10-47B-164.2.

Law Implemented: SDCL 10-47B-164.1.

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