Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 7 - Small Business and Existing Forestry Industry Loan Program
Rule 6-1-7.6 - Restrictions on Use of Loan Proceeds
Universal Citation: MS Code of Rules 6-1-7.6
Current through September 24, 2024
No loan proceeds shall be used to pay off any existing debt for loan consolidation purposes; to finance acquisition, construction, improvement, or operation of real property which is primarily for sale or investment; to provide or free funds for speculation in any kind of property or as a loan to owners.
Miss. Code Ann. § 57-111-1 (Supp. 2008)
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