<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.sede8be6e-70b7-40d6-8119-e3b1ba8d04ccP0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0-000002 { color: black; background: white; font-family: Times; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sede8be6e-70b7-40d6-8119-e3b1ba8d04cc000003 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0-000004 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccP0"><span xml:space="preserve" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0">    </span><a href="https://sdlegislature.gov/Rules?Rule=12:22:01:12"><span class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0-000000">12:22:01:12</span></a><span class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0-000001">.</span><span xml:space="preserve" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0-000002"> </span><span xml:space="preserve" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0-000001">Assignment of loans.  </span><span class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0">A bond purchaser may assign a loan in whole or in part. Servicing of the loan may also be assigned.</span></p><p dir="ltr" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccP0"><span xml:space="preserve" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04cc000003"> </span></p><p dir="ltr" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccP0"><span xml:space="preserve" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0">    </span><span class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0-000001">Source:</span><span xml:space="preserve" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0"> 23 SDR 161, effective April 7, 1997</span><span class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0">; 52 SDR 49, effective November 17, 2025</span><span class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0">.</span></p><p dir="ltr" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccP0"><span xml:space="preserve" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0">    </span><span class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0-000001">General Authority:</span><span xml:space="preserve" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=1-16B-70"><span class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0-000004">1-16B-70</span></a><span class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0">.</span></p><p dir="ltr" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccP0"><span xml:space="preserve" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0">    </span><span class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0-000001">Law Implemented:</span><span xml:space="preserve" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=1-16B-57"><span class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0-000004">1-16B-57</span></a><span xml:space="preserve" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=1-16B-58"><span class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0-000004">1-16B-58</span></a><span class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccC0">.</span></p><p dir="ltr" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04ccP0"><span xml:space="preserve" class="sede8be6e-70b7-40d6-8119-e3b1ba8d04cc000003"> </span></p></div></body></html>