Wisconsin Administrative Code
Department of Natural Resources
NR 100-199 - Environmental Protection General
Chapter NR 162 - Clean Water Fund Program
Subchapter IV - Interest Rate Subsidies for Small Loans
Section NR 162.48 - Termination
Universal Citation: WI Admin Code ยง NR 162.48
Current through August 26, 2024
The department shall terminate the interest rate subsidy agreement if the recipient terminates its loan agreement with the BCPL or prepays all of the principal of the loan prior to the end of the term of the financial assistance agreement. No subsidy payment may be made for a year in which the loan is paid off early or the interest rate subsidy agreement is terminated early.
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