Current through Register Vol. XLII, No. 1, January 3, 2025
Section 61-33-8 - Applicable interest rates8.1 The Rural Rehabilitation Loan Committee shall set an interest rate using Wall Street Journal Prime Rate as a guide for the appropriate interest rate at the time it votes to recommend the loan for the Commissioner's approval.8.2. The interest rate is fixed throughout the life of the loan at the interest rate established in this section unless otherwise modified as part of an approved loan restructuring. Modifications may raise or lower the interest rate.