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Current as of January 02, 2025 | Updated by Findlaw Staff
Prior to the approval of any direct loan under the RLF, the Loan Administrator must develop and obtain the Commissioner's approval for the RLF's organization table, including:
(a) The structure and composition of the Board of Directors of the RLF;
(b) The staffing requirements for the RLF, with position descriptions and necessary personnel qualifications;
(c) The appointments to the advisory loan review committee; and
(d) The roles and responsibilities of the Board, staff and loan review committee.
Cite this article: FindLaw.com - Code of Federal Regulations Title 45. Public Welfare § 45.1336.65 Staffing and organization of the Revolving Loan Fund: Responsibilities of the Loan Administrator - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-45-public-welfare/cfr-sect-45-1336-65/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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