South Dakota Statutes
§ 11-15-4 — Housing infrastructure loans--Limitation--Administrative expenses.
South Dakota § 11-15-4
JurisdictionSouth Dakota
Title 11PLANNING, ZONING AND HOUSING PROGRAMS
Ch. 11-14SOUTH DAKOTA HOUSING INFRASTRUCTURE FUND
This text of South Dakota § 11-15-4 (Housing infrastructure loans--Limitation--Administrative expenses.) 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 § 11-15-4 (2026).
Text
The authority may make loans from the South Dakota housing infrastructure fund, created in § 11-15-2 , for housing infrastructure projects. The principal amount of a loan may not exceed one-third of the total cost of the housing infrastructure project. The authority may use up to one percent of the principal amount of a loan to offset the authority's expenses in administering the loan.
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Legislative History
SL 2023, ch 41, § 11, eff. Feb. 1, 2023.
Nearby Sections
15
§ 11-1-15
Repealed§ 11-11-1
Legislative findings.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 11-15-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/11-15-4.