Sections 46A-1-66 and 46A-1-67 notwithstanding, the terms and conditions for loans for the actual construction of water resources projects contained in the state water resources management system shall be set by an act of the Legislature. This section shall not apply to loans made pursuant to § 46A-1-64.
S.D. Codified Laws § 46A-1-68
Loan terms set by Legislature
Source: SL 1982, ch 316, § 6C; SDCL Supp, § 46-17A-54.5.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.