SDCL § 51A-12-2.2: Expiration of exception--New exception request.
Where this section sits in the code
- TITLE 51A. BANKS AND BANKING
- CHAPTER 51A-12. BANK LOANS
Any exception granted by the director under § 51A-12-2.1 expires when the agricultural operating loan matures or twelve months after the exception is granted, whichever occurs first. A new exception request shall be submitted prior to the renewal of the agricultural operating loan if the loan to be renewed would exceed the loan or credit limitation as provided in § 51A-12-2, unless otherwise approved by the director.
Source: SL 2012, ch 234, § 2.
Collected 2026-09-03T15:18:57Z. Source file · JSON