63M-1-907. Agreements.
The administrator shall enter into agreements with each successful applicant that havespecific terms and conditions for each loan or assistance, including:
(1) repayment schedules;
(2) interest rates;
(3) specific economic activity required to qualify for the loan or assistance or forrepayment credits;
(4) collateral or security, if any; and
(5) other terms and conditions considered appropriate by the administrator.

Renumbered and Amended by Chapter 382, 2008 General Session