12:07:14:17Borrower's
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
responsibilities. Borrowers are responsible for the following: (1) Identifying collateral; (2) Maintaining accounting records and management reports; and (3) Submitting accounting records and management reports to the lender and administrator upon request.
Source: 17 SDR 141, effective March 25, 1991; SL 2019, ch 235, § 37 and 38, effective April 14, 2019.