(A) Within five working days of rendering a determination pursuant to the requirements of paragraph (A) of rule 901:3-63-17 of the Administrative Code, the director shall transmit his determination to approve assistance under the FFLP to the controlling board. For purposes of such transmittal, the director shall:
(1) Transmit completed form ODA DRD1 and any other appropriate documents for each such loan application to the controlling board; and
(2) Determine all other information required by the controlling board for each loan application submitted by the director, and prepare and transmit such information to the controlling board immediately upon final preparation of the information.
(B) All notification from the controlling board to the director concerning controlling board action upon, or disposition of, each loan application submitted to the board by the director shall be listed upon the ODA loan application docket pursuant to paragraph (B) of rule 901:3-63-16 of the Administrative Code and shall be added to the loan application’s file unit.
HISTORY: Eff 8-7-98
Rule promulgated under: RC Chapter 119.
Rule authorized by: RC 901.82(A)(8)
Rule amplifies: RC 901.82, 901.83
R.C. 119.032 REVIEW DATE: 07-29-2003