ARSD 12:07:12 – Rural Development Loans and Participations | Midpage

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Administrative Rules of South Dakota

Chapter 12:07:12

ARSD 12:07:12

Rural Development Loans and Participations

12:07:12:01Definitions.12:07:12:02Purpose.12:07:12:03Eligibility requirements for applicant.12:07:12:04Eligibility requirements for lender.12:07:12:05Eligibility requirements for project.12:07:12:06Permissible uses of loan proceeds.12:07:12:07Impermissible uses of loan proceeds.12:07:12:08Equity contribution.12:07:12:09Contents of application.12:07:12:10Application process.12:07:12:11Review committee established -- Duties.12:07:12:12Review committee meetings.12:07:12:13Loan decision process.12:07:12:14Loan decision.12:07:12:15Participation process.12:07:12:15.01Bridge or direct loan process.12:07:12:16Loan participation amount.12:07:12:16.01Bridge or direct loan amount.12:07:12:17Loan repayments and maturities.12:07:12:18Interest rates.12:07:12:19Interest rate determination.12:07:12:20Subsequent loan requests.12:07:12:21Lender's responsibilities for a participation loan.12:07:12:22Borrower's responsibilities.