Kansas Administrative Regulations
Agency 28 - DEPARTMENT OF HEALTH AND ENVIRONMENT
Article 16 - WATER POLLUTION CONTROL
Section 28-16-114 - Repayment of loans
Universal Citation: KS Admin Regs 28-16-114
Current through Register Vol. 43, No. 39, September 26, 2024
(a) All principal and interest shall be repaid in accordance with the terms and conditions of the executed loan agreement. Principal and interest payments shall begin no later than one year following the completion of the project. Repayment of the loan shall not exceed a 30-year repayment period as agreed upon in the loan agreement. For the purposes of this regulation, project completion shall mean the initiation of operation or capability to initiate operation.
(b) Prepayment of principal in whole or part may be made in accordance with the terms and conditions of the executed loan agreement.
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