The authority may, as necessary or appropriate to carry out the purposes of this chapter, make, upon proper application of enterprises, loans to such enterprises for development projects in South Dakota, and may provide for the repayment and redeposit of such allocations and loans in the manner hereinafter provided.
S.D. Codified Laws § 1-16B-37
Power to make loans to local agencies--Repayment provisions
Source: SL 1978, ch 9, § 8(5); SL 1986, ch 14, § 9.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.