060-35 Wyo. Code R. § 35-6
(a) Interest rates for loans made under this chapter may be at zero percent, up to an annual interest rate equal to the average prime interest rate as determined by W.S. 35-11-528(e). In no event, shall the interest rate exceed an annual interest rate equal to the average prime interest rate as determined by the state treasurer. Interest rates established under this section shall be adjusted on January 1 of each year.
(b) Interest rates shall be established in recognition of the repayment abilities and needs of the applicant eligible for loans under the program.
(c) Loan amortization schedules, terms and conditions for each loan approved shall be based on the criteria in W.S. W.S. W.S. 35-11-528(e).
(d) The term of the loan shall not exceed thirty (30) years or the useful life of the project, whichever is less, and may be for a shorter term as determined by financial strength, repayment ability, security and other factors.
060-35 Wyo. Code R. § 35-6
Amended, Eff. 9/6/2016.