The board shall request the South Dakota State Banking Commission to make an annual examination of the board's lending policies and procedures and the documentation and classification of loans in the REDI fund loan portfolio and all other loans administered by the board.

Source: 34 SDR 68, effective September 13, 2007; 39 SDR 16, effective August 6, 2012 ; 52 SDR 49, effective November 17, 2025 .

General Authority: SDCL 1-16G-5 .

Law Implemented: SDCL 1-16G-5 .

Prior versions effective: 2012-08-06.