Skip to main content
Login

70:14:01:04Factors

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

for award. In determining whether to award a loan, the commission shall consider the following factors: (1) The availability of other funding for the proposed project; (2) The likelihood the proposed project will foster and support economic development; (3) Whether a highway emergency exists; and (4) The ability of the local government to repay the loan on terms satisfactory to the commission.

Source: 45 SDR 128, effective April 22, 2019.

General Authority

Law Implemented