Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 7 - Small Business and Existing Forestry Industry Loan Program
Rule 6-1-7.14 - Prepayments
Universal Citation: MS Code of Rules 6-1-7.14
Current through September 24, 2024
The Financial Institution shall notify MDA in writing of any prepayments of the Financial Institution's loan. If the Financial Institution's loan is to be paid in full, the MDA portion of the loan must be paid off first. MDA and the Financial Institution shall receive partial payments on a pro-rata basis.
Miss. Code Ann. § 57-111-1 (Supp. 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.
