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68:02:01Redi Loans

Chapter · Administrative Rules of South Dakota · View on sdlegislature.gov ↗

Rulemaking activity

68:02 Board of Economic DevelopmentComment closed
68:02 Board of Economic DevelopmentComment closed
68:02 Board of Economic DevelopmentStalled

Sections (57)

68:02:01:01Definitions.
68:02:01:02Eligibility requirements.
68:02:01:03Preapplication conference.
68:02:01:04Application requirements.
68:02:01:05Loan amounts.
68:02:01:06Equity contribution.
68:02:01:07Permissible uses of loan proceeds.
68:02:01:08Impermissible uses of loan proceeds.
68:02:01:09Interim financing.
68:02:01:10Factors for board action.
68:02:01:11Board action on applications.
68:02:01:12Acceptance and time restrictions of applicant.
68:02:01:13Lender agreement.
68:02:01:14Regulated lender reporting requirements.
68:02:01:15Loan agreement.
68:02:01:16Borrower reporting requirements.
68:02:01:17Inspection of the business by the board and
68:02:01:18Additional notification requirements.
68:02:01:19Maturity and interest rate.
68:02:01:20Review of financial status.
68:02:01:21Default on loan agreement.
68:02:01:22Enterprise zones.
68:02:01:23Delegation of administrative functions.
68:02:01:24Banking commission audit.
68:02:01:25Loans to RRLFs.
68:02:01:26RRLF application requirements.
68:02:01:27RRLF loan amount.
68:02:01:28RRLF loan maturity and interest rate.
68:02:01:29RRLF loan collateral.
68:02:01:30Impermissible uses of RRLF loan proceeds.
68:02:01:31RRLF borrower reporting requirements.
68:02:01:32Application of other rules to RRLF loans.
68:02:01:33Definitions.
68:02:01:34Eligibility
68:02:01:35Application requirements -- Screening.
68:02:01:36Loan amounts.
68:02:01:37Equity contribution.
68:02:01:38Use of loan proceeds.
68:02:01:39REDI loan as take-out financing.
68:02:01:40Factors
68:02:01:41Board action on applications.
68:02:01:42Acceptance
68:02:01:43Review of financial status.
68:02:01:44Loan
68:02:01:45Borrower reporting requirements.
68:02:01:46Inspection by the board and retention of
68:02:01:47Additional notification requirements.
68:02:01:48Loan term and amortization.
68:02:01:48.01Interest rate.
68:02:01:49Default.
68:02:01:50Delegation of administrative functions.
68:02:01:51Official forms.
68:02:01:52Conflicts of interest.
68:02:01:53Confidentiality.
68:02:01:54Pre-existing
68:02:01:55Banking Commission examination.
68:02:01:56Credit