Ala. Admin. Code r. 335-11-2-.12

Current through Register Vol. 43, No. 1, October 31, 2024

Section 335-11-2-.12 - Requisition Of Funds

(a) Loan proceeds shall be disbursed to recipients on a reimbursement basis as work progresses, but no more often than once per month unless the Department grants prior approval.

(b) The Department shall review each payment request to ensure that it conforms to the approved scope of work and that it complies with the conditions of the assistance agreement before approving payment.

New Rule: Filed October 23, 2012; effective November 27, 2012.

Amended by Alabama Administrative Monthly Volume XXXVIII, Issue No. 05, February 28, 2020, eff. 4/13/2020.

Authors: Aubrey H. White III, Kris Berry

Statutory Authority: Code of Ala. 1975, §§ 22-23B-1, 22-23B-2, 22-23B-3, 22-23B-12.