Revolving economic development and initiative fund--Purpose

There is established in the state treasury a special revenue fund to be known as the revolving economic development and initiative fund for the purpose of making grants and loans for economic development. Source: SL 1987, ch 98 , § 1; SL 1988, ch 17 , § 6; SDCL § 1-42-24 ; SL 2007, ch 5 , § 1. 1-16G-4. Repealed by SL 2015, ch 63 , § 3.