California Code of Regulations
Title 14 - Natural Resources
Division 7 - Department of Resources Recycling and Recovery
Chapter 4 - Resource Conservation Programs
Article 1.1 - Recycling Market Development Revolving Loan Program
Section 17935.55 - Process for Loan Committee Review
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) The Loan Committee shall meet monthly or as needed.
(b) The Loan Committee shall evaluate the staff analysis of loan requests presented by Board staff pursuant to the Review Process of section 17935.4 of this Article.
(c) The Loan Committee shall recommend applications for approval based only on their financial soundness and their ability to meet the underwriting criteria as described in Section 17935.4(a) of this Article.
(d) The Loan Committee may advise the Board as requested on other aspects of the loan program.
1. New section filed 4-8-98; operative 5-8-98 (Register 98, No. 15).
2. Amendment of NOTE filed 10-18-2005; operative 11-17-2005 (Register 2005, No. 42).
Note: Authority cited: Section 40502, Public Resources Code. Reference: Section 42023.4, Public Resources Code.