South Dakota § 11-15-9 - Major metropolitan airport loan--Purpose--Maximum amount--Public hearing--Repayment.
Full text of South Dakota South Dakota Codified Laws § 11-15-9 — Major metropolitan airport loan--Purpose--Maximum amount--Public hearing--Repayment., with citation guidance and answers to common questions.
§ 11-15-9. Major metropolitan airport loan--Purpose--Maximum amount--Public hearing--Repayment.
In addition to any other loan authorized in § 11-15-2, the authority may provide loans from the South Dakota housing infrastructure fund, created in § 11-15-2, to the owner or operator of an airport with scheduled air service located in this state and in a metropolitan statistical area with an estimated annual resident population of at least one hundred twenty-five thousand, determined as of July 1, 2024, by the United States Census Bureau.
Loans provided under this section:
(1) Are for the purpose of improving or maintaining airport infrastructure;
(2) May not exceed fifteen million dollars per recipient; and
(3) Are subject to the terms set forth in § 11-15-10.
The authority shall consider, and authorize or deny, any loan requested pursuant to this section at a public meeting held pursuant to chapter 1-25.
All moneys received by the authority in repayment of a loan made pursuant to this section must be deposited in the South Dakota housing infrastructure fund and used for making new loans pursuant to § 11-15-2.
Source: SL 2026, ch 62, § 2.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 11-15-9
What does South Dakota Codified Laws § 11-15-9 cover?
Section 11-15-9 ("Major metropolitan airport loan--Purpose--Maximum amount--Public hearing--Repayment.") 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 § 11-15-9?
A common citation format is "South Dakota Codified Laws § 11-15-9" (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 § 11-15-9 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.