Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 15 - Amended Port Revitalization Revolving Loan Program
Rule 6-1-15.12 - Reimbursement Process

The State will release loan funds on a reimbursement basis for approved eligible costs of the project as incurred. The Local Sponsor shall certify to MDA during construction that the expenses were incurred and were in accordance with the plans approved by MDA. Funds will be released periodically upon receipt of supporting documentation from the Local Sponsor. Funds may not be drawn down more frequently than monthly.

Miss. Code Ann. § 57-61-41 (Rev. 2008).