S.D. Admin. R. 12:07:20:11
Current through Register Vol. 51, page 71, January 6, 2025
If the secretary or the secretary's designee approves the application for guaranty, wholly or subject to conditions, the department shall issue a conditional approval of guaranty. The conditional approval shall stipulate any conditions that must be met before a final guaranty is put into place, including the maximum amount of the guaranty.
S.D. Admin. R. 12:07:20:11
General Authority: SDCL 38-6-8.1.
Law Implemented: SDCL 38-6-3, 38-6-8.