Ala. Admin. Code r. 335-15-7-.07

Current through Register Vol. 43, No. 1, October 31, 2024

Section 335-15-7-.07 - Pre-application Procedures

(1) Public bodies are urged to be familiar with the requirements of this Chapter and to contact the Department early in the planning process so projects are in a position to proceed.

(2) Each pre-application for a Fund loan shall be submitted to the Department, typically on a quarterly basis. The preapplication shall include full and complete documentation that a loan applicant is required to furnish.

(3) The Department may require a preapplication conference with potential loan applicants prior to submission of a formal application for a Fund loan.

Ala. Admin. Code r. 335-15-7-.07

New Rule: Filed October 21, 2004; effective November 25, 2004.

Amended by Alabama Administrative Monthly Volume XXXVIII, Issue No. 05, February 28, 2020, eff. 4/13/2020.

Authors: Aubrey H. White, Lawrence A. Norris, Vernon H. Crockett, Sonja B. Favors, Anna M. Ennis

Statutory Authority:Code of Ala. 1975, §§ 22-30F-2, 22-30F-4.