Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 6 - Farish Street Historic District Loan Program
Rule 6-1-6.11 - Default Loans
Universal Citation: MS Code of Rules 6-1-6.11
Current through September 24, 2024
CMPDD shall adopt and follow a prudent collection schedule. In the event of a default, CMPDD shall take all necessary and appropriate actions to recover the principal and interest due including enforcing personal guaranties. All defaulted loans shall be reported to appropriate credit bureau(s).
Senate Bill 3194, 1999 Regular Session, as amended by Chapter 533 Laws of 2010.
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