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Section 58-2-20 - Procurement of loan secured by mortgage on real estate permitted to division personnel — South Dakota Law | CourtGPT
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South Dakota Legal Code

Section 58-2-20 - Procurement of loan secured by mortgage on real estate permitted to division personnel

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58-2-20. Procurement of loan secured by mortgage on real estate permitted to division personnel.Sections 58-2-18 and 58-2-19 shall not be construed to prohibit the director or any employee from procuring a loan secured by a mortgage on real estate which mortgage and loan would be a proper investment under the provisions of this title. Source: SL 1966, ch 111, ch 2, §8.