South Dakota § 1-16G-80 Time for new frontiers payment--Additional information.

South Dakota Statutes

§ 1-16G-80 — Time for new frontiers payment--Additional information.

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

After the timely receipt of a completed affidavit for new frontiers payment, within ninety days GOED shall make payment from the reinvestment fund established in § 1-16G-64 to the program owner based upon the amount and terms approved by the board. If GOED requests additional documents or information from the program owner, the ninety-day period begins to run from the date of receipt of the additional documents or information. GOED shall tender the new frontiers payment by electronic funds transfer.

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After the timely receipt of a completed affidavit for new frontiers payment, within ninety days GOED shall make payment from the reinvestment fund established in § 1-16G-64 to the program owner based upon the amount and terms approved by the board. If GOED requests additional documents or information from the program owner, the ninety-day period begins to run from the date of receipt of the additional documents or information. GOED shall tender the new frontiers payment by electronic funds transfer.

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