An applicant for an agribusiness bonding program loan must apply for the loan on a form provided by the authority. The application must include the following:

1. (1) The applicant's name and mailing address;
2. (2) A description of the anticipated use of loan proceeds;
3. (3) The amount of the loan requested; and

4. (4) The applicant's down payment, if any.

   An application is complete when all documents and information needed to approve a loan are submitted.

Source: 23 SDR 161, effective April 7, 1997 ; 52 SDR 49, effective November 17, 2025 .

General Authority: SDCL 1-16B-70 .

Law Implemented: SDCL 1-16B-56 , 1-16B-57 , 1-16B-58 (1) .

Prior versions effective: 1997-04-07.