Utah Code 53-2a-609. Division to make rules to administer the loan program
Current as of: 2023 | Check for updates
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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:
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; |
(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