South Dakota Administrative Rules
Title 70 - Department of Transportation
Article 70:05 - State Railroad Board
Chapter 70:05:03 - Railroad trust fund loans
Section 70:05:03:11 - Additional notification requirements
Universal Citation: SD Admin Rules 70:05:03:11
Current through Register Vol. 50, page 114, March 25, 2024
The borrower shall notify the board in a timely manner of any change in the rail operator or any other benefitted entity. If the notice required in this section is not provided, the board may call the loan immediately due and payable.
General Authority: SDCL 49-16C-3.
Law Implemented: SDCL 49-16C-3.
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