8.97.722    GENERAL TERM, INTEREST RATES, FEES AND CHARGES

(1) The board may require an eligible government unit to pay interest on its obligations at a rate or rates sufficient to enable the board to pay debt service on any bonds or notes issued by the board, to reimburse the board for its administrative costs incurred in undertaking the program and its general operating and administrative expenses and to provide a reasonable allowance for losses that may be incurred in the program, including funding the reserve fund.

History: Sec. 17-5-1605, MCA; IMP, Sec. 17-5-1611, 17-5-1630, MCA; NEW, 1992 MAR p. 2275, Eff. 10/16/92; AMD, 1996 MAR p. 766, Eff. 3/22/96.