South Dakota Statutes

§ 11-11-149 — Amount and amortization period of FHA loans.

South Dakota § 11-11-149
JurisdictionSouth Dakota
Title 11PLANNING, ZONING AND HOUSING PROGRAMS
Ch. 11-8SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY

This text of South Dakota § 11-11-149 (Amount and amortization period of FHA loans.) 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 § 11-11-149 (2026).

Text

The ratio of loan to total housing development cost and the amortization period of loans made under this chapter which are insured by the Federal Housing Administration (FHA) shall be governed by the FHA mortgage insurance commitment for each housing development; but in no event shall such amortization period exceed fifty years.

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Legislative History

SL 1973, ch 180, § 19 (2); SDCL Supp, § 28-19-127.

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Bluebook (online)
South Dakota § 11-11-149, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/11-11-149.