Minnesota Administrative Rules
Agency 151 - Labor and Industry Department
Chapter 5203 - SAFETY ACCOUNT GRANT AND LOAN PROGRAM
Part 5203.0040 - LIMITATIONS
Universal Citation: MN Rules 5203.0040
Current through Register Vol. 49, No. 13, September 23, 2024
Subpart 1. Reduced grant or loan awards.
The commissioner shall ask an applicant to document the impacts of reduced financial assistance before awarding funds less than the eligible amount requested by the applicant or less than the maximum award established in the notice under part 5203.0030, subpart 1. Reduced funds shall be awarded if the commissioner determines that:
A. program resources are insufficient to
provide full assistance to all applicants to which the commissioner intends to
award grants or loans; or
B. the
reduced grant or loan could still achieve safety objectives.
Subp. 2. Limitations on disbursal of funds.
No grant or loan funds shall be disbursed until the recipient has executed a written grant or loan agreement with the commissioner.
Statutory Authority: MS s 79.253
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