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Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
term of the guaranty. Loan maturities and repayment schedules shall be based upon the purpose and type of livestock to be purchased, but the guaranty on a loan may not exceed 26 months from the loan inception date.
Source: 17 SDR 141, effective March 25, 1991; SL 2019, ch 235, § 37 and 38, effective April 14, 2019.