Ala. Admin. Code r. 550-X-3-.03

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

Section 550-X-3-.03 - Renewal Of Loans

Loans shall be automatically renewed for a total of four (4) years for medical students and three (3) years for physician assistant students, contingent upon funds being available, provided, however, each recipient shall execute a new contract each year and shall certify, annually, that his or her financial condition and needs have not changed since the original loan was made.

Ala. Admin. Code r. 550-X-3-.03

Filed September 28, 1982. Repealed and New Rule: Filed October 13, 1994; effective November 17, 1994. Repealed and New Rule: Filed May 16, 2006; effective June 20, 2006.

Amended by Alabama Administrative Monthly Volume XLI, Issue No. 12, September 29, 2023, eff. 11/13/2023.

Rule was previously 550-X-1-.04 and renumbered 550-X-1-.03 as per certification filed May 16, 2006; effective June 20, 2006.

Author: Wayne P. Turner

Statutory Authority:Code of Ala. 1975, §§ 16-47-121et seq.; 41-22-1et seq.