Any person desiring to claim a refund pursuant to this subchapter shall make application to the finance director at least 30 days prior to the earlier of the construction commencement or the ordering of equipment to be used in a new business facility. The application shall be submitted on a form prescribed by the finance director. A separate application shall be submitted for each project. Upon the finance director’s approval of the application, the finance director shall notify the applicant that he or she is eligible to submit refund claims and to receive refunds as provided in this subchapter. Refund claims are not assignable or transferable except as collateral or security pursuant to SDCL ch. 57A-9.
(1992 Code, § 39-176) (Ord. 42-05, passed 4-18-2005; Ord. 60-07, passed 5-7-2007)