Kansas Administrative Regulations
Agency 36 - KANSAS DEPARTMENT OF TRANSPORTATION
Article 40 - TRANSPORTATION REVOLVING FUND
Section 36-40-4 - Fund use
Universal Citation: KS Admin Regs 36-40-4
Current through Register Vol. 43, No. 52, December 26, 2024
The fund shall be used to finance or refinance approved projects, with priority given to the following types of financial assistance:
(a) Loans for all or part of an approved project;
(b) guarantees, security, or another type of credit enhancement, or any combination of these, for bonds to be issued by KDFA or an applicant for financial assistance; and
(c) refunding or acquisition of bonds issued by an applicant.
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