1. (a) If a participant becomes ineligible during the term of a loan, he or she must repay the outstanding amount of any loan received from the Commission.
2. (b) The Commission may in its discretion forgive the loan of a participant in whole or in part in certain circumstances as set forth in its written policies and guidelines.

(Source: P.A. 96-615, eff. 1-1-10; 96-768, eff. 1-1-10.)