901:3-63-20 Notification by director of decision of controlling board.

Upon receipt by the director of notification from the controlling board that the board has reviewed an FFLP loan application and has decided either to approve or to disapprove the release of money from the family farm loan fund for financial assistance sought by the loan application, the director shall place the original and two copies of said notice in the loan application’s file unit. Within three working days of receipt of such notice, the director shall send copies of the notice to the loan applicant, the chairperson of the AFC, DOD, the lending institution, and any other appropriate persons, offices, or institutions involved in processing the loan application.

R.C. 119.032 review dates: 08/13/2003 and 08/13/2008

Promulgated Under: 119.03

Statutory Authority: 901.82

Rule Amplifies: 122.011, 901.82, 901.83

Prior Effective Dates: 8/7/98