Idaho Administrative Code
Title IDAPA 60 - Soil and Water Conservation Commission, Idaho State
Rule 60.05.01 - RULES OF THE IDAHO STATE SOIL AND WATER CONSERVATION COMMISSION
Subchapter A - RULES FOR ADMINISTRATION OF THE IDAHO RESOURCE CONSERVATION AND RANGELAND DEVELOPMENT PROGRAM
Section 60.05.01.126 - REPAYMENT OF LOAN

01. Repayment of the Loan. Repayment of the loan, together with interest, must commence no later than two (2) full years from the date the note is signed. (3-31-22)

02. Repayment Schedule. The repayment schedule must be identified in the loan documents with a fifteen (15) year maximum loan period. One (1) month before payment is due, the commission will mail the contractee a notice of payment due. (3-31-22)

03. First Payment. The first payment is due as required on the signed loan documents as prepared by the Commission. Any additional interest incurred during the installment period of the loan will be added to the first payment notice. (3-31-22)