Text Search

Quick Find


Enter a Rule Number and click Get Rule to load the Rule. You can enter any Article, Chapter, or Section number. Examples(01:15, 01:15:01, 01:15:01:01, etc.). Use the Get All button to load and entire article or chapter.

Download Rule 74:05:07:15.01 in Microsoft Word Format Printer Friendly

          74:05:07:15.01.  Loan interest rates. The board shall set the interest rates for the consolidated water facilities construction program based on the following:

 

          (1)  Current market rates;

          (2)  Current rate of alternative federal or state programs; and

          (3)  Current demand for program funds.

 

          Based on the criteria above, the board may adjust the interest rates at any meeting if the proposed action is included on the agenda posted for the meeting.

 

          Source: 33 SDR 106, effective December 26, 2006.

          General Authority: SDCL 46A-1-65.

          Law Implemented: SDCL 46A-1-61, 46A-1-63.1, 46A-1-64.

 


Back to 74:05:07 | 74:05:07:15.01 RSS

Click message to listen