11-7-28. Acceptance of grants and loans--Power to make loans.
53 words·~1 min read·
/sd/title-11/chapter-11-7/11-7-28A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A commission shall have further power to borrow and loan money or other property and accept contributions, grants, gifts, services, or other assistance from the federal government, state public bodies, or from any other public or private sources. A commission shall not have the power to loan money when available from private sources.