60-11-1113. Administration of loans. (1) The department shall develop forms and application procedures to enable a person to secure a loan authorized by 60-11-1111. Loans may only be made to persons the department determines to be capable of repaying the loan. The department shall develop criteria for this determination.
     (2) Preference in making loans must be given to persons who intend to use the loan proceeds in such a manner as to create new jobs in Montana.

     History: En. Sec. 13, Ch. 564, L. 1979.