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·Title 1 STATE AFFAIRS AND GOVERNMENT·Ch. 1-16 HEALTH AND EDUCATIONAL FACILITIES AUTHORITY

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.

South Dakota § 1-16A-66 (Health education assistance loan program--Powers of authority.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.