Volume 770, Page 5358 View pdf image |
VETOES THE DIRECT LOAN FUND, AND FINANCING THE EXPANSION OR DEVELOPMENT (1) ADVANCES OF LOAN PROCEEDS FOR DIRECT LOANS; AND (2) EXPENSES FOR ADMINISTRATIVE, LEGAL, ACTUARIAL, (C) IN MAKING DIRECT LOANS UNDER THIS SUBTITLE, (1) GEOGRAPHIC DISTRIBUTION; (2) COMMUNITY NEED; AND (3) COMMUNITY INCOME, WITH PRIORITY GIVEN TO THOSE 6-2A-05. IF, AT ANY TIME, THE AMOUNT OF MONEY IN THE DIRECT LOAN FUND 6-2A-06. ANNUALLY, THE STATE TREASURER SHALL REPORT TO THE DEPARTMENT (1) THE STATUS OF THE MONEY INVESTED UNDER THIS (2) THE MARKET VALUE OF THE ASSETS IN THE DIRECT LOAN (3) THE INTEREST RECEIVED FROM INVESTMENTS FOR THE 6-2A-07. SUBJECT TO THE RESTRICTIONS OF THIS SUBTITLE, THE 6-2A-08. THE DEPARTMENT MAY MAKE A LOAN TO AN APPLICANT ONLY IF: (1) THE APPLICANT MEETS THE QUALIFICATIONS REQUIRED - 5358 -
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Volume 770, Page 5358 View pdf image |
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