North Carolina Administrative Code
Title 24 - INDEPENDENT AGENCIES
Chapter 02 - NC AGRICULTURAL FINANCE AUTHORITY
Subchapter C - AGRIBUSINESS LOANS
Section 02C .0101 - LENDING PROCEDURE

Universal Citation: 24 NC Admin Code 02C .0101

Current through Register Vol. 38, No. 18, March 15, 2024

(a) The Authority will make loans to persons engaged in agribusiness for the purpose of financing agribusiness from funds available to the Authority for this purpose.

(b) Each agribusiness loan shall be separately underwritten and separately approved by the Authority.

Authority G.S. 122D-6(4);
Temporary Rule Eff. November 18, 1988 For a Period of 180 Days to Expire on May 17, 1989;
Eff. April 1, 1989;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. April 25, 2015.

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