Tennessee Statutes

§ 4-31-807 — Administration of loans

Tennessee·Title 4
(a)The authority shall administer loans made under this part.
(b)In so doing, the authority may adopt rules and regulations necessary for the effective administration of this part, including the promulgation of prerequisites that must be fulfilled by the association in order to be eligible for a loan, procedures to be followed in making loan applications to the authority, procedures to be followed in the disbursement of loan funds, and procedures for enforcing loan agreements entered into by the association with the authority.

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Legislative History

Acts 1995, ch. 240, § 1.

Nearby Sections

15
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