Supervision of multifamily residential housing units and day-care facilities.

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11-11-163. Supervision of multifamily residential housing units and day-care facilities.

The authority, in the supervision of housing sponsors of multifamily residential housing units and day-care facilities and their real and personal property, may:

(1)Prescribe uniform systems of accounts and records for housing sponsors;

(2)Require housing sponsors to make reports and give answers to specific questions on such forms and at such times as may be prescribed by the authority;

(3)Examine all books and records with reference to capital structure, income, expenditures, and other payments of a housing sponsor;

(4)Pay to the authority such fees as the authority may prescribe in connection with the examination, inspection, supervision, auditing, or other regulation of the housing sponsor;

(5)Enter upon and inspect the lands, buildings, and equipment of a housing sponsor, including all parts thereof;

(6)Supervise the operation and maintenance of any such housing development or housing project and order such repairs as may be necessary to protect the public interest or the health, welfare, or safety of the occupants;

(7)Fix and alter from time to time a schedule of rents and charges for any such housing development; and

(8)Require any housing sponsor to pay to the authority such fees as it may prescribe in connection with the examination, inspection, supervision, auditing, or other regulation of the housing sponsor.

Source: SL 1973, ch 180, §18 (1); SDCL Supp, §28-19-141; SL 1995, ch 80, §31; SL 2012, ch 78, §106.


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