17.84.131 LOAN CONDITIONS
(1) No loan will be made under the Act and these rules to refinance existing
debt previously incurred by the applicant.
(2) The maximum term for loans is 10 years.
(3) Loans made under the Act and these rules shall
be used only for the purposes described in the loan application.
(4) The department's participation in any loan
made through a financial institution under the Act and these rules shall not
exceed 90% of the principal loan amount.
History: 90-4-104, MCA; IMP, 90-4-101, 90-4-104, MCA; NEW, 1982 MAR p. 851, Eff. 4/30/82; TRANS, from DNRC, 1996 MAR p. 2863.