53-2a-609.  Division to make rules to administer the loan program.
     In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the division shall make rules establishing:

(1)  form, content, and procedure for loan and grant applications;

Terms Used In Utah Code 53-2a-609

(2)  criteria and procedures for prioritizing loan and grant applications;

(3)  requirements and procedures for securing loans and grants;

(4)  procedures for making loans;

(5)  procedures for administering and ensuring repayment of loans, including late payment penalties; and

(6)  procedures for recovering on defaulted loans.

Enacted by Chapter 134, 2016 General Session