Ill. Admin. Code tit. 14, pt. 640

Rural Diversification Act Program

AUTHORITY: Implementing and authorized by the Rural Diversification Act (Ill. Rev. Stat. 1989, ch. 5, pars. 2251 et seq.). SOURCE: Adopted at 15 Ill. Reg. 7558, effective May 7, 1991.DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY

640.5Incorporation by Reference 640.10Purpose of Loan Program 640.20Definitions 640.30Eligible Projects 640.40Eligible Applicants 640.50Eligible Uses of Loan 640.60Fund Availability and Submission Deadlines 640.70Loan Application Package 640.80Committee Review of Loan Applications 640.90Department Technical Review 640.100Selection for Financing 640.110Loan Funding Limitations 640.120Allowable Leverage 640.130Applicant Certifications 640.140Loan Terms 640.150Loan Agreement 640.160Loan Security 640.170Maintenance and Insurance of Property 640.180Administrative Requirements 640.190Audits 640.200Events of Default 640.210Purpose of Grant Program 640.220Definitions 640.230Eligible Applicants 640.240Eligible Program Activities 640.250Eligible Program Costs 640.260Fund Availability and Submission Deadlines 640.270Grant Application Package 640.280Review of Grant Applications 640.290Rural Diversification Review Committee 640.300Selection for Financing 640.310Grant Limitations 640.320Waivers 640.330Applicant Certifications 640.340Administrative Standards for Grant Recipients 640.350Modification, Breach and Termination of Grants