{"data":{"id":"us-mt/90-9-203--2","jurisdiction":"us-mt","citation":"90-9-203","heading":"(Effective July 1, 2029) Rulemaking.","body":"The council shall adopt rules necessary to implement the provisions of this chapter, including rules:\n(1) governing the conduct of council business;\n(2) establishing application procedures for loans and grants authorized in 90-9-202;\n(3) establishing procedures to be followed by the council in its review process prior to making a loan or grant;\n(4) establishing postdisbursement activities to monitor the use of a loan or grant by its recipient, including:\n(a) any reporting requirements; and\n(b) procedures for repayment of a loan or grant upon failure of a recipient to meet the terms and conditions of that loan or grant;\n(5) establishing interest rates for loans in accordance with market factors and the purposes of this chapter;\n(6) limiting the amount of loans or grants that any company may receive or apply for over a given period of time;\n(7) governing the deferral or forgiveness of loans and any accrued interest; and\n(8) establishing other terms and conditions of loans and grants, as necessary, within the requirements and purposes of this chapter.","path":["TITLE 90. PLANNING, RESEARCH, AND DEVELOPMENT","CHAPTER 9. AGRICULTURE DEVELOPMENT","Part 2. Agriculture Development Council"],"source_url":"https://mca.legmt.gov/bills/mca/title_0900/chapter_0090/part_0020/section_0030/0900-0090-0020-0030.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T05:02:01Z","sha256":"36249ab8c2c95a46f8e952aad9ef54041c016c1556ff73c78833a1c21b85f907","source_id":"us-mt","stale":false,"prev":"us-mt/90-9-203","next":"us-mt/90-9-301"},"notice":"GroundRules: Original legal text. Not legal advice."}