§ 11-45-205. Approval of loan by energy advisor.


Latest version.
  • (1) In approving a loan, the office shall:
    (a) review the loan application, plans, and specifications for the project;
    (b) determine whether or not to grant the loan by applying the office's eligibility criteria; and
    (c) if the loan is granted, prioritize the energy efficiency project by applying the office's priority criteria.
    (2) The office may provide conditions on a loan to ensure that:
    (a) the proceeds of the loan will be used to pay the cost of the project; and
    (b) the project will be completed.
Amended by Chapter 37, 2012 General Session