South Dakota § 1-53-19 - Confidentiality of certain information concerning small business credit initiative loans.
Full text of South Dakota South Dakota Codified Laws § 1-53-19 — Confidentiality of certain information concerning small business credit initiative loans., with citation guidance and answers to common questions.
§ 1-53-19. Confidentiality of certain information concerning small business credit initiative loans.
The deliberations of the Board of Economic Development concerning small business credit initiative loans are confidential and are exempt from public disclosure. Any documentary material or data made or received by the Board of Economic Development or the Governor's Office of Economic Development for the purpose of acting upon an application for a small business credit initiative loan or administering the loan, to the extent that such material or data consists of trade secrets or commercial or financial information regarding the operation of such business, are not considered public records, and are exempt from disclosure. Nothing in this section prohibits the disclosure of confidential information to the extent necessary to collect or recoup the loan or as may be required under applicable federal law.
Source: SL 2012, ch 15, § 5; SL 2022, ch 6, § 5.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 1-53-19
What does South Dakota Codified Laws § 1-53-19 cover?
Section 1-53-19 ("Confidentiality of certain information concerning small business credit initiative loans.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 1-53-19?
A common citation format is "South Dakota Codified Laws § 1-53-19" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 1-53-19 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.