11-45-202 - Criteria for loans.
11-45-202. Criteria for loans.
(1) The board shall make a loan from the fund to a political subdivision only to financean energy efficiency project.
(2) The board may not make a loan from the fund:
(a) to finance a political subdivision's compliance with the energy code in theconstruction of a new building; or
(b) with a term of less than two years or more than 12 years.
Enacted by Chapter 72, 2010 General Session