§ 130c.8. Right of recovery.
The Department has the right to make a claim for and receive from the loan or grant recipient monies not expended in accordance with the act, the loan or grant agreement or this chapter. When a loan or grant recipient defaults, the Department has the right to make a claim for and receive from the loan or grant recipient the principal balance of the loan and interest incurred to date. Payment shall be due within 60 days of the written demand.
Cross References This section cited in 7 Pa. Code § 130c.14 (relating to general conditions); and 7 Pa. Code § 130c.34 (relating to general conditions).
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