South Dakota Statutes

§ 1-16B-41 — Loans made only when other loans not available.

South Dakota § 1-16B-41
JurisdictionSouth Dakota
Title 1STATE AFFAIRS AND GOVERNMENT
Ch. 1-16ECONOMIC DEVELOPMENT FINANCE AUTHORITY

This text of South Dakota § 1-16B-41 (Loans made only when other loans not available.) 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 § 1-16B-41 (2026).

Text

The authority shall require the applicant enterprise to investigate fully other sources of funding for a development project. Such loans shall be made only after a determination by the authority that sufficient development project loans are not otherwise available from private or public lenders upon reasonably equivalent terms and conditions.

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Legislative History

SL 1978, ch 9, § 33; SL 1986, ch 14, § 13.

Nearby Sections

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Bluebook (online)
South Dakota § 1-16B-41, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/1-16B-41.