<html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 1-53-35 - Value added agriculture subfund administration.</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s2084450Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2084450SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2084450CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2084450DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2084450000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2084450DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2084450SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 1-53-35 - Value added agriculture subfund administration."><meta property="og:description" content="SDLRC Codified Law 1-53-35 - Value added agriculture subfund administration."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes?Statute=1-53-35"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s2084450Normal"><a href="https://sdlegislature.gov/Statutes?Statute=1-53-35" rel="noopener"><span class="s2084450SENU">1-53-35</span></a><span xml:space="preserve" class="s2084450SENU">. </span><span class="s2084450CL">Value added agriculture subfund administration.</span></p><p dir="ltr" class="s2084450Normal"><span class="s2084450DefaultParagraphFont">The Board of Economic Development shall administer the value added agriculture subfund, and make grants or loans from the value added agriculture subfund. The value added agriculture subfund shall be used to develop and promote value added agriculture in South Dakota including the initial or subsequent production, use, or processing of any form of agricultural commodity, product, or by-product in this state.</span></p><p dir="ltr" class="s2084450Normal"><span xml:space="preserve" class="s2084450000000"> </span></p><p dir="ltr" class="s2084450Normal"><span xml:space="preserve" class="s2084450DefaultParagraphFont-000001">Source: </span><span class="s2084450SCL">SL 2013, ch 192, § 7; SDCL § 38-6-14; SL 2019, ch 235 (Ex. Ord. 19-1), § 55, eff. Apr. 14, 2019; SL 2020, ch 4, § 22.</span></p></div></body></html>