Code of Maine Rules
01 - DEPARTMENT OF AGRICULTURE, CONSERVATION AND FORESTRY
001 - MAINE MILK COMMISSION
Chapter 32 - RULES FOR OPERATION OF AGRICULTURAL MARKETING LOAN FUND
Section 001-32-I - Objectives
Universal Citation: 01 ME Code Rules ยง 001-32-I
Current through 2024-13, March 27, 2024
The Agricultural Marketing Loan Fund (AMLF) is a revolving loan fund dedicated to financing projects that will advance agricultural enterprises. It will operate in accordance with the following principal objectives:
A. sound business propositions should be financed;
B. funds should be provided at reasonable rates and terms;
C. active private sector participation should be encouraged;
D. funds should be spread amongst eligible industries; and
E. to the extent possible, procedures should be kept simple and easy to understand.
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