Wis. Admin. Code Department of Administration Adm 85.06

Current through September 30, 2024
Section Adm 85.06 - Guarantee of collection and guarantee of payment

The guarantee agreement between the authority and the participating lender shall be a guarantee of collection unless in the judgment of the authority, a guarantee agreement that provides for a guarantee of payment results in substantial improvement in the loan terms that can be obtained by the borrower.

Wis. Admin. Code Department of Administration Adm 85.06

Cr. Register, January, 1992, No. 433, eff. 2-1-92.