Ala. Admin. Code r. 335-11-1-.07

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

Section 335-11-1-.07 - Maintenance Of The Fund

(1) The Department shall maintain the corpus of the fund in perpetuity.

(2) Payments of principal, interest, and penalties on loans awarded from the CWSRF shall be made to the fund.

(3) All interest earned shall be credited to the CWSRF pursuant to the Act.

Ala. Admin. Code r. 335-11-1-.07

New Rule: Filed August 31, 2010; effective October 4, 2010.

Author: Aubrey H. White III

Statutory Authority:Code of Ala. 1975, §§ 22-34-1, 22-34-2, 22-34-3.