1-33B-19. Loans, leases or grants to municipality or county--Agreement upon terms and conditions.
66 words·~1 min read·
/sd/title-1/chapter-1-33/1-33b-19A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding § 9-25-16 or any other provision of law, the Governor's Office of Economic Development may make loans, leases, or grants to any municipality or county from the energy conservation loan special revenue fund. The terms and conditions of loans, leases, or grants made pursuant to this section shall be agreed to by the municipality or county by resolution and the Governor's Office of Economic Development.