§ 9-20A-04. Duties of Administration

Latest version.

   The Administration shall:

   (1) manage, supervise, and administer the Program;

   (2) adopt regulations to ensure that loans are provided only to projects that carry out the purpose of the Program;

   (3) attach specific terms to any loan that are considered necessary to ensure that the purpose of the Program is fulfilled; and

   (4) develop procedures for monitoring projects to assess whether the improvements or modifications made by an eligible entity or business that had received a loan under the Program have resulted in a measurable reduction in energy consumption.

HISTORY: 2008, ch. 466, § 2; ch. 467, § 2; 2009, ch. 169.

                    
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