Title 40, Title 40 Services

Eligibility for loans from the fund shall be based upon need pursuant to rules and regulations promulgated by the director. It is the intent of the general assembly that loans from the fund be available to persons with disabilities whose personal financial resources are such that…

Loans shall be made available directly to the person with a disability or, where appropriate, to the parent or legal guardian of the person with a disability.

Loans from the fund shall not exceed a total of five thousand dollars ($5,000) per applicant.

Interest rates for loans from the fund shall be established by the director; provided, however, that those rates shall be substantially lower than the prevailing rate of interest in this state for comparable loans, and shall not exceed five percent (5%). The term of the loan shal…

The director shall, with the advice of the governor’s commission on disabilities, promulgate rules and regulations concerning eligibility, interest rates, repayment terms, and other matters as are necessary and proper to carry out the purpose of this chapter.

The director shall file reports with the governor and the general assembly on or before January 30, 1989, 1990, and 1991. Each report shall include a detailed accounting of the loans from and repayments to the fund during the preceding calendar year; the director’s recommendation…