S.D. Admin. R. 12:07:14:17

Current through Register Vol. 51, page 30, September 3, 2024

Section 12:07:14:17 - Borrower's responsibilities

Borrowers are responsible for the following:

(1) Identifying collateral;

(2) Maintaining accounting records and management reports; and

(3) Submitting accounting records and management reports to the lender and administrator upon request.

S.D. Admin. R. 12:07:14:17

17 SDR 141, effective 3/25/1991.

General Authority: SDCL 38-6-8.1.

Law Implemented: SDCL 38-6-3, 38-6-8.