122:6-1-06 Fund repayment requirements.

(A) Any use of trust fund monies by the recipient in a manner which violates any term or condition of a grant or loan shall result in ODOD taking appropriate corrective action, including but not limited to immediate repayment and civil or criminal legal action.

(B) When repayment of a grant or loan is directed by odod, a repayment plan may be negotiated with ODOD or with the attorney general’s office as determined by ODOD. All monies received by ODOD shall immediately be returned to the low- and moderate-income housing trust fund.

(C) When repayment of a grant or loan is a condition of receipt of trust fund monies, all such repayments received by ODOD shall immediately be returned to the low-and moderate-income housing trust fund.

HISTORY: Eff 4-16-92 (Emer.); 6-26-92

Rule promulgated under: RC Chapter 119.

Rule authorized by: RC 175.22(D)

Rule amplifies: RC 175.21 to 175.25