Kansas Administrative Regulations
Agency 28 - DEPARTMENT OF HEALTH AND ENVIRONMENT
Article 16 - WATER POLLUTION CONTROL
Section 28-16-113 - Interest rate
Universal Citation: KS Admin Regs 28-16-113
Current through Register Vol. 43, No. 39, September 26, 2024
Each loan shall accrue interest for the entire life of the loan at a rate set by the secretary. The interest rate shall be calculated as a percentage, as specified in the intended use plan established pursuant to K.S.A. 65-3325 and amendments thereto, of three months' average of the bond buyer's weekly 20-bond GO (general obligation) index. The loan interest rate as calculated shall include any loan servicing fee as set by the secretary and may vary depending on the loan repayment period provided for in the loan agreement.
Disclaimer: These regulations may not be the most recent version. Kansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
