Mich. Admin. Code R. 390.1660
Current through Vol. 24-19, November 1, 2024
Rule 10. A grant shall be denied if an applicant has defaulted on a loan guaranteed by the authority. Exception may be made if a defaulted borrower has made satisfactory repayment arrangements on the defaulted amount of the loan as determined by the authority.
Mich. Admin. Code R. 390.1660