Subsequent loan requests.
Effective Mar 25, 199117 SDR 141Source: 12 SDR 117, effective January 19, 1986; 12 SDR 128, 12 SDR 154, effective July 1, 1986; 17 SDR 141, effective March 25, 1991. | General Authority: SDCL 38-6-8.1. | Law Implemented: SDCL 38-6-3 , 38-6-8.
The administrator shall consider subsequent loan requests by a district according to the following criteria:
- (1) The process as defined in §§ 12:07:10:03 to 12:07:10:06, inclusive;
- (2) The limit in § 12:07:10:08;
- (3) A review of existing loan status and performance; and
- (4) Payoff of the borrower's outstanding loan principal and interest.
Source: 12 SDR 117, effective January 19, 1986; 12 SDR 128, 12 SDR 154, effective July 1, 1986; 17 SDR 141, effective March 25, 1991.
General Authority: SDCL 38-6-8.1.
Law Implemented: SDCL 38-6-3 , 38-6-8.