South Dakota § 1-16G-63 Time and manner of reinvestment payment.

South Dakota Statutes

§ 1-16G-63 — Time and manner of reinvestment payment.

South Dakota·Title 1 STATE AFFAIRS AND GOVERNMENT·Ch. 1-16F ECONOMIC DEVELOPMENT

After the timely receipt of a completed affidavit for reinvestment payment, within ninety days GOED shall make payment from the reinvestment fund to the project owner based upon the amount and terms approved by the board as a reinvestment payment. If GOED requests additional documents or information from the project owner, the ninety day period begins to run from the date of receipt of the additional documents or information. GOED shall tender the reinvestment payment by electronic funds transfer.

Free access — add to your briefcase to read the full text and ask questions with AI

After the timely receipt of a completed affidavit for reinvestment payment, within ninety days GOED shall make payment from the reinvestment fund to the project owner based upon the amount and terms approved by the board as a reinvestment payment. If GOED requests additional documents or information from the project owner, the ninety day period begins to run from the date of receipt of the additional documents or information. GOED shall tender the reinvestment payment by electronic funds transfer.

South Dakota § 1-16G-63 (Time and manner of reinvestment payment.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.