2015 South Dakota Codified Laws
Title 11 - PLANNING, ZONING AND HOUSING PROGRAMS
Chapter 11 - South Dakota Housing Development Authority
§ 11-11-117 Construction to be substantially completed, or final insurance or guarantee certificate issued before loan disbursed.

SD Codified L § 11-11-117 (2015) What's This?

11-11-117. Construction to be substantially completed, or final insurance or guarantee certificate issued before loan disbursed.

The authority may not disburse a loan for the acquisition of a homeownership housing unit until construction is substantially complete or the final insurance or guarantee certificate has been issued.

Source: SL 1980, ch 204, § 17; SDCL Supp, § 28-19-102.6; SL 1981, ch 221, § 4; SL 1995, ch 80, § 17.

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