Section 17-6-346 - Interest rates and repayment of intermediary loan - terms(1) The interest rate on an intermediary loan made pursuant to 17-6-345 may not exceed 2% a year for a period of 30 years.(2) For the first 3 years, repayment on the intermediary loan is of the interest only, and for the remainder of the term of the intermediary loan, the repayment is principal and interest.En. Sec. 2, Ch. 183, L. 2003.