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Loan Rules define the parameters that Sierra uses for circulating items to patrons. Each loan rule consists of a set of variables that manage many aspects of circulation, including checkouts, renewals, holds, notices, fines, and bills that are all configured either entirely or in part by the settings of your library's loan rules.
The system uses the Loan Rules in conjunction with the Loan Rule Determiner table to determine whether and how to circulate items to patrons. Sierra uses the Loan Rule Determiner table, to calculate which loan rule to apply to a circulation transaction.
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