- (1) Loan funds shall be obligated after all documents to secure a loan are complete, processed, approved, and appropriately signed by the applicant and the director.
- (2) Disbursement of loan proceeds to the borrower will take place within 10 business days of the closing date of the loan.
KEY: disaster recovery loans, local government disaster loans
Date of Last Change: June 7, 2017
Notice of Continuation: January 11, 2022
Authorizing, and Implemented or Interpreted Law: 53-2a-607; 53-2a-608; 53-2a-609