Montana § 76-15-547 Rules For Loan Program

Montana Statutes

§ 76-15-547 — Rules For Loan Program

Montana·Title 76 LAND RESOURCES AND USE·Ch. 15 CONSERVATION DISTRICTS·Part 5 Financial Aspects of Conservation Districts Loan Program

76-15-547 . Rules for loan program. The district shall adopt rules:

(1)prescribing the form and content of applications for loans and plans for the resource conservation practice;

(2)governing the application of the criteria and preferences for awarding loans;

(3)providing for the servicing of loans, including arrangements for obtaining security interests and the establishment of reasonable fees or charges;

(4)providing for the confidentiality of financial statements submitted;

(5)prescribing the conditions for making loans;

(6)establishing the interest rate, if any, for the loans; and

(7)determining the type and amount of security interest in real estate that will be accepted and any conditions to be made upon the security interest.

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76-15-547 . Rules for loan program. The district shall adopt rules:
(1) prescribing the form and content of applications for loans and plans for the resource conservation practice;
(2) governing the application of the criteria and preferences for awarding loans;
(3) providing for the servicing of loans, including arrangements for obtaining security interests and the establishment of reasonable fees or charges;
(4) providing for the confidentiality of financial statements submitted;
(5) prescribing the conditions for making loans;
(6) establishing the interest rate, if any, for the loans; and
(7) determining the type and amount of security interest in real estate that will be accepted and any conditions to be made upon the security interest.

Montana § 76-15-547 (Rules For Loan Program) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.