South Dakota § 1-16A-66 Health education assistance loan program--Powers of authority.

South Dakota Statutes

§ 1-16A-66 — Health education assistance loan program--Powers of authority.

South Dakota § 1-16A-66

Title 1STATE AFFAIRS AND GOVERNMENT

Ch. 1-16HEALTH AND EDUCATIONAL FACILITIES AUTHORITY

This text of South Dakota § 1-16A-66 (Health education assistance loan program--Powers of authority.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 1-16A-66 (2026).

Text

The authority may, together with all powers incidental thereto or necessary for the performance thereof:

(1)Participate in the financing of HEAL loans;

(2)Purchase or participate in the purchase of HEAL loans;

(3)Sell or participate in the sale of HEAL loans;

(4)Collect and pay reasonable fees and charges in connection with making, purchasing and servicing or causing to be made, purchased or serviced HEAL loans;

(5)Do all things necessary and convenient to carry out the purposes of §§ 1-16A-65 to 1-16A-70 , inclusive, in connection with the administering and servicing of HEAL loans, including contracting with any person, firm or other body public or private in respect thereof;

(6)Enter into agreements necessary to effect the guarantee, administering and servicing of

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The authority may, together with all powers incidental thereto or necessary for the performance thereof: (1) Participate in the financing of HEAL loans; (2) Purchase or participate in the purchase of HEAL loans; (3) Sell or participate in the sale of HEAL loans; (4) Collect and pay reasonable fees and charges in connection with making, purchasing and servicing or causing to be made, purchased or serviced HEAL loans; (5) Do all things necessary and convenient to carry out the purposes of §§ 1-16A-65 to 1-16A-70 , inclusive, in connection with the administering and servicing of HEAL loans, including contracting with any person, firm or other body public or private in respect thereof; (6) Enter into agreements necessary to effect the guarantee, administering and servicing of HEAL loans; and (7) Promulgate rules, establish standards for participation in the program administered by the authority under P.L. 94-484, and establish other administrative procedures consistent with P.L. 94-484.