Wis. Admin. Code Department of Administration § Adm 85.01 - Purpose
Current through March 28, 2022
The purpose of this chapter is to establish a procedure for the administration of those aspects of rural hospital loan guarantees made by the Wisconsin health and educational facilities authority which relate to the following:
(1) The form of the loan
guarantee agreement.
(2) The
conditions upon which the authority may enter into a loan guarantee
agreement.
(3) The procedures for
making a demand for payment under a loan guarantee agreement, or for payment by
the authority under such an agreement, in the event of a default of a
guaranteed loan.
(4) The basis for
determining whether the guarantee is a guarantee for collection or
payment.
(5) The procedures by
which the authority shall carry out a loan guarantee agreement.
Notes
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