8.97.1704 ALLOCATION OF CAPACITY
(1) If the bond capacity of the board is not sufficient to finance all eligible
projects, the board, in determining which projects to fund, shall consider the
(a) the order in which the applications are
(b) the availability of financing through
one of its other programs;
(c) the availability of tax-exempt
financing through another issuer; and
(d) the degree to which the project meets
the policies set forth in 17-5-1502, MCA, of the Act.
History: Sec. 17-5-1504, 17-5-1521, MCA; IMP, Sec. 17-5-1504, 17-5-1521, MCA; NEW, 1989 MAR p. 659, Eff. 5/26/89.