Compilation of Rules and Regulations of the State of Georgia
Department 110 - RULES OF GEORGIA DEPARTMENT OF COMMUNITY AFFAIRS
Chapter 110-18 - APPALACHIAN REGIONAL COMMISSION BUSINESS DEVELOPMENT REVOLVING LOAN FUND
Subject 110-18-1 - APPALACHIAN REGIONAL COMMISSION BUSINESS DEVELOPMENT REVOLVING LOAN FUND
Rule 110-18-1-.07 - Statement of Conditions

Current through Rules and Regulations filed through September 23, 2024

In addition to the certifications made by the applicant and the subrecipient by acceptance of the commitment letter and the loan agreement, the recipient further certifies that:

(1) No applicable state laws, rules or regulations or applicable local ordinances shall be violated in carrying out this project and expending RLF funds.

(2) Without limitation of any other condition, no RLF funds shall be used to pay the cost of entertainment. Entertainment costs are defined as: "Costs of amusements, social activities and incidental costs relating thereto, such as meals, beverages, lodgings, rentals, transportation, and gratuities." This definition includes meal/beverage expenses incurred for meetings which could reasonably have been conducted at a place of business and which did not require the provision of a meal.

O.C.G.A. Sec. 50-8-8.

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