11-45-205. Approval of loan.
(1) In approving a loan, the office shall: review the loan application, plans, and specifications for the project; determine whether or not to grant the loan by applying the office's eligibility criteria; and if the loan is granted, prioritize the energy efficiency project by applying the office's priority criteria.
(2) The office may provide conditions on a loan to ensure that: the proceeds of the loan will be used to pay the cost of the project; and the project will be completed.