Ill. Admin. Code tit. 35 § 365.410

Current through Register Vol. 49, No. 2, January 10, 2025

Section 365.410 - Loan Issuance

The Agency may, subject to the availability of funds, issue a loan agreement authorizing the initiation of construction of a project or activity listed in Section 365.130 when:

a) the loan applicant submitted a Funding Nomination Form and the project is on the Project Priority List;

b) the Agency has approved the loan applicant's Project Plan pursuant to Sections 365.320 and 365.330; and

c) the documents required by Section 365.350 have been submitted and approved by the Agency.

Ill. Admin. Code tit. 35, § 365.410

Adopted at 41 Ill. Reg. 7983, effective 7/1/2017

Amended at 43 Ill. Reg. 11141, effective 10/1/2019