122:27-1-04 Criteria for loan approval.  

  • Text Box: ACTION: Final Text Box: DATE: 03/28/2016 8:24 AM

     

     

     

    122:27-1-04                 Criteria for loan approval.

     

     

     

    (A)Applicants must provide evidence of a direct link between the lake's condition as a distressed lake and the applicant's economic circumstances by describing the applicant's economic dependence upon the distressed lake.

     

    (B)Applicants must demonstrate that the loan will help to achieve long-term economic stability in the distressed lake area, pursuant to division (C)(1)(c) of section 122.641 of the Revised Code.

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    122:27-1-04

     

     

     

     

    Effective:

     

     

     

     

     

    04/05/2016

    2

    Five Year Review (FYR) Dates:

    04/05/2021

     

     

    CERTIFIED ELECTRONICALLY

     

     

    Certification

     

     

     

    03/28/2016

     

     

    Date

     

     

     

    Promulgated Under: Statutory Authority: Rule Amplifies:

     

    119.03

    122.641(C)

    122.641

     

Document Information

Effective Date:
4/5/2016
File Date:
2016-03-28
Last Day in Effect:
2016-04-05
Rule File:
122$27-1-04_PH_FF_N_RU_20160328_0824.pdf
Related Chapter/Rule NO.: (1)
Ill. Adm. Code 122:27-1-04. [Effective 4/11/2016] Criteria for loan approval