Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 3 - Mississippi Existing Industry Productivity Loan Program
Rule 6-1-3.4 - Loan Conditions
Universal Citation: MS Code of Rules 6-1-3.4
Current through September 24, 2024
An existing company that accepts a loan shall not reduce employment by more than twenty percent (20%) through the use of the long term fixed assets for which the loan is provided. The company must inject a minimum of up to ten percent (10%) equity into the project.
Miss. Code Ann. § 57-93-1 (Rev. 2008)
Disclaimer: These regulations may not be the most recent version. Mississippi may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
