The authority may audit the records of the lender and the beginning farmer relating to any loan or bond governed by this chapter to ensure that bond proceeds were used for a qualified purpose by a qualified user.

Source: 22 SDR 97, effective January 22, 1996 ; 52 SDR 49, effective November 17, 2025 .

General Authority: SDCL 1-16B-70 .

Law Implemented: SDCL 1-16B-57 .

Prior versions effective: 1996-01-22.