Section Adm 85.01 - PurposeThe purpose of this chapter is to establish a procedure for the administration of those aspects of rural hospital loan guarantees made by the Wisconsin health and educational facilities authority which relate to the following:
(1) The form of the loan guarantee agreement.(2) The conditions upon which the authority may enter into a loan guarantee agreement.(3) The procedures for making a demand for payment under a loan guarantee agreement, or for payment by the authority under such an agreement, in the event of a default of a guaranteed loan.(4) The basis for determining whether the guarantee is a guarantee for collection or payment.(5) The procedures by which the authority shall carry out a loan guarantee agreement.Wis. Admin. Code Department of Administration Adm 85.01
Cr. Register, January, 1992, No. 433, eff. 2-1-92.