<html> <head> <title>Rule 12:21:01:03 Contents of application.</title> <META NAME="Keywords" Content="Administrative Rules 12:21:01:03"> <META NAME="Description" Content="Administrative Rules 12:21:01:03 Contents of application."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>12:21:01:03.&nbsp;&nbsp;Contents of application.</b> An applicant for a beginning farmer loan must apply for the loan on a form provided by the finance authority. The application must include the following: the applicant's name, address, credit data, a description of the anticipated use of loan proceeds, the amount of the loan and the applicant's down payment, if any, and proof of compliance with net worth requirements in &nbsp;12:21:01:04. An application is complete when all documents needed to approve a loan are submitted.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 22 SDR 97, effective January 22, 1996.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-16E-24">1-16E-24.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-16E-24">1-16E-24.</A></p> </div> </body> </html>