<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.s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: center; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s6dba50ad-0ed9-41e4-a993-bac9c0de92a0000001 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002 { 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.s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004 { 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="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0"><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0">CHAPTER </span><a href="https://sdlegislature.gov/Rules?Rule=68:01:02"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000000">68:01:02</span></a></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0"><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0000001"> </span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0">APEX LOAN PROGRAM</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0"><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0000001"> </span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0">(Repealed)</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0"><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0000001"> </span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">Section</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:01"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:01</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Definitions</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:02"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:02</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Eligibility requirements</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:03"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:03</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Application requirements</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:04"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:04</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Loan amounts</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:05"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:05</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Equity contribution</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:06"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:06</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Permissible uses of loan proceeds</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:07"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:07</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Impermissible uses of loan proceeds</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:08"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:08</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Factors for action by authority</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:09"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:09</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Action by authority on applications</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:10"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:10</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Reservation of right to make loan</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:11"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:11</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Acceptance by applicant -- Time restrictions</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:12"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:12</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Review of financial status</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:13"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:13</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Loan agreement</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:14"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:14</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Maturity and interest rate</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:15"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:15</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Lender agreement</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:16"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:16</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Reporting requirements for regulated lender</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:17"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:17</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Reporting requirements for borrower</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:18"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:18</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Inspection of business by authority -- Retention of records</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:19"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:19</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Default on loan agreement</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><a href="https://sdlegislature.gov/Rules?Rule=68:01:02:20"><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000004">68:01:02:20</span></a><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">        Interim financing</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">, Repealed</span><span class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0C0-000003">.</span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0000001"> </span></p><p dir="ltr" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0P0-000002"><span xml:space="preserve" class="s6dba50ad-0ed9-41e4-a993-bac9c0de92a0000001"> </span></p></div></body></html>