Borrower's responsibilities
Administrative Rules of South Dakota (ARSD)
12:07:14:17. Borrower's responsibilities. Borrowers are responsible for the following: (1) Identifying collateral; (2) Maintaining accounting records and management reports; and (3) Submitting accounting records and management reports to the lender and administrator upon request. Source: 17 SDR 141, effective March 25, 1991; SL 2019, ch 235, § 37 and 38, effective April 14, 2019. General Authority: SDCL 1-53-30. Law Implemented: SDCL 1-53-24, 1-53-29.
Chat with this regulation using AI
Ask CiteLaw's AI Navigator anything about this regulation, verify citations, and research related authorities. Sign up for CiteLaw free today to get started.