Mississippi Administrative Code
Title 6 - Economic Development
Part 9 - Economic Development Division
Chapter 5 - Mississippi Community Development Financial Institution (CDFI) Small Business Loan Fund Program
Rule 6-9-5.13 - Debarment and Suspension Policy

Universal Citation: MS Code of Rules 6-9-5.13
Current through September 24, 2024

To protect the public trust and interest imposed upon the MDA, if it appears that the Company and/or its agent's conduct, as determined by MDA, creates a reasonable belief that a particular act or omission that is covered by this policy has occurred, the MDA shall implement such discretionary actions known as debarment and suspension. At the time the Company files an application fora loan, they must maintain that there is no action, suit proceeding or investigation at law or in equity before or by any court or governmental agency or body pending or, to the best knowledge of the Company, after reasonable investigation and due inquiry, threatened against the Company in any way contesting or affecting the validity of this Agreement or contesting the powers of the Company to adopt, enter into or perform its obligations under this Agreement or materially and adversely affecting the properties or condition (financial or otherwise) or existence or powers of the Company.

Inquiries should be directed to:

Mississippi Development Authority Attn:

Business Incentives Division

P.O. Box 849

Jackson, MS 39205

(601) 359-2058

Miss. Code Ann. § 57-10-601.

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.