Ala. Admin. Code r. 550-X-3-.02 - Awarding of Loans
(a)
Loans shall be made contingent upon the applicant's agreement in writing to
practice in a rural area in a generalist specialty as determined by the
Board.
(b) Board Members shall have
the privilege of examining all applications and any other pertinent information
provided by the applicant or others.
(c) After examining all applications and
other pertinent information, each Board member present at the selection meeting
shall rate each candidate from one to ten, with one being the lowest priority
and ten being the highest. Loan recipients will be selected based upon the
highest average scores of such priority ratings.
(d) Each recipient of a loan shall sign a
legal agreement setting forth the terms of the loan and the method of
repayment. A copy of such loan agreement is set forth in Appendix B.
Notes
Author: Wayne P. Turner
Statutory Authority: Code of Ala. 1975, ยงยง 16-47-121 et seq.; 41-22-1et seq.
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