8.97.1309 AUTHORIZED APPLICANTS
(1) Except for infrastructure loans, the board is precluded from lending
directly to borrowers by 17-6-201(3) (d) , MCA.
Financial institutions are authorized to apply for federally guaranteed,
participation and linked deposit loans.
Borrowers, including non-profit corporations, may only access these
loans through a financial institution.
Local governments may apply directly for infrastructure loans.
History: Sec. 17-6-324, 17-6-308, MCA; IMP, Sec. 17-6-308, 17-6-313, MCA; NEW, 2000 MAR p. 1043, Eff. 2/11/00.