68:02:01:39REDI loan as take-out financing.
Section · 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
Unless otherwise specifically provided in the resolution or motion approving the loan, the applicant shall use the loan to pay off interim financing incurred for the project.
Source: 34 SDR 68, effective September 13, 2007.