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70:05:03Railroad Trust Fund Loans

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

Sections (15)

70:05:03:01Definitions.
70:05:03:02Eligibility requirements.
70:05:03:03Application requirements.
70:05:03:04Equity contribution.
70:05:03:05Permissible uses of loan proceeds.
70:05:03:06Factors for board action.
70:05:03:07Loan agreement and time restrictions.
70:05:03:08Loan security.
70:05:03:09Borrower reporting requirements.
70:05:03:10Inspection of the borrower by the board and retention of records.
70:05:03:11Additional notification requirements.
70:05:03:12Maturity and interest rate.
70:05:03:13Review of financial status.
70:05:03:14Default on loan agreement.
70:05:03:15Delegation of administrative functions.