74:05:07:23.  Disbursement of funds. The department shall disburse funds as costs are incurred. Total payments provided may not exceed the percentage provided in the award agreement.

          Source: 13 SDR 23, effective September 3, 1986; 13 SDR 129, 13 SDR 141, effective July 1, 1987; 19 SDR 102, effective January 17, 1993; 19 SDR 202, effective July 4, 1993; 33 SDR 106, effective December 26, 2006.

          General Authority: SDCL 46A-1-65.

          Law Implemented: SDCL 46A-1-61, 46A-1-62, 46A-1-63.1, 46A-1-64.