2-3706.   Procedures for making loans; interestrate.Upon the placement of a remediation linked deposit withan eligiblelending institution, the institution shall make the loan to each approvedeligible person listed inthe remediation linked deposit loan package in accordance with the remediationlinked depositagreement between the institution and the state treasurer. The loan shall be ata rate as providedin K.S.A. 2-3705, and amendments thereto. A certification ofcompliance with thissection in the formand manner as prescribed by the state treasurer shall be required of theeligible lending institution.

      History:   L. 2000, ch. 82, § 6; July 1.