§ 12:22:01:05

ARSD 12:22:01:05

Ineligible uses of loan proceeds.

Effective Nov 17, 202552 SDR 49Source: 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) .

The agribusiness bonding program may not be used to finance working capital or inventory.

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.