South Dakota Statutes

§ 11-11-152 — Interest rates on which loans made--Additional charges.

South Dakota § 11-11-152
JurisdictionSouth Dakota
Title 11PLANNING, ZONING AND HOUSING PROGRAMS
Ch. 11-8SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY

This text of South Dakota § 11-11-152 (Interest rates on which loans made--Additional charges.) 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 § 11-11-152 (2026).

Text

The authority shall have authority to set from time to time the interest rates at which it shall make loans and commitments therefor. Such interest rates shall be established by the authority at the lowest level consistent with the authority's cost of operation and its responsibilities to the holders of its bonds, bond anticipation notes, and other obligations. In addition to such interest charges, the authority may make and collect such fees and charges, including but not limited to reimbursement of the authority's financing costs, service charges, insurance premiums, and mortgage insurance premiums, as the authority determines to be reasonable.

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Legislative History

SL 1973, ch 180, § 19 (4); SDCL Supp, § 28-19-130.

Nearby Sections

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Bluebook (online)
South Dakota § 11-11-152, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/11-11-152.