{"data":{"id":"us-sd/sdcl-11-15-10","jurisdiction":"us-sd","citation":"SDCL § 11-15-10","heading":"Major metropolitan airport loan--Terms.","body":"A loan made pursuant to § 11-15-9 must:\n(1) Bear interest payable at the rate of two percent per year;\n(2) Be unsecured;\n(3) Require equal annual payments based on a twenty-year amortization;\n(4) Require that the first payment be due one year from the date of the funding of the loan; and\n(5) Be closed and funded on or before June 30, 2030.","path":["TITLE 11. PLANNING, ZONING AND HOUSING PROGRAMS","CHAPTER 11-15. SOUTH DAKOTA HOUSING INFRASTRUCTURE FUND"],"source_url":"https://sdlegislature.gov/Statutes/11-15-10","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"c37d333715fc49cc4d7addf0edacc2aac915db3d0148941b80e93f0dec16cb24","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-11-15-9","next":"us-sd/sdcl-11-15-11"},"notice":"GroundRules: Original legal text. Not legal advice."}