Section 11-11-161 - Changes and repairs ordered in development.
11-11-161. Changes and repairs ordered in development. As a condition of a mortgage loan or other financing, the authority shall have the power, at all times during the construction or rehabilitation of a housing development or housing project by a housing sponsor and the operation thereof, to order such alterations, changes, or repairs as may be necessary to protect the security of its investment in a housing development or the health, safety, and welfare of the occupants thereof and to ensure that the housing development is or has been constructed or rehabilitated in conformity with all applicable federal, state, and local building codes.
Source: SL 1973, ch 180, § 19 (8) (b); SDCL Supp, § 28-19-139; SL 1995, ch 80, § 29.