South Dakota Administrative Rules
Title 70 - Department of Transportation
Article 70:05 - State Railroad Board
Chapter 70:05:03 - Railroad trust fund loans
Section 70:05:03:15 - Delegation of administrative functions
Universal Citation: SD Admin Rules 70:05:03:15
Current through Register Vol. 50, page 114, March 25, 2024
The department shall perform the administrative functions for the creation, processing, and review of loan applications; the preparation, negotiation, and execution of agreements; the review of the financial status of an applicant or borrower and any benefitted entity; and other functions necessary to expedite the loan process and assist the board in the performance of its duties.
General Authority: SDCL 49-16C-3.
Law Implemented: SDCL 1-44-20, 49-16C-3.
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