12:07:14:11Loan
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
proceeds. The proceeds of the loan to be guaranteed may be used only for the purchase of livestock. The borrower shall have a maximum of 60 days from the date of the conditional approval of the guaranty to purchase the livestock.
Source: 17 SDR 141, effective March 25, 1991; SL 2019, ch 235, § 37 and 38, effective April 14, 2019.