01-001-32 Me. Code R. § I

Current through 2024-51, December 18, 2024

Section 001-32-I - Objectives

The Agricultural Marketing Loan Fund (AMLF) is a revolving loan fund dedicated to financing projects that will advance agricultural enterprises. It will operate in accordance with the following principal objectives:

A. sound business propositions should be financed;

B. funds should be provided at reasonable rates and terms;

C. active private sector participation should be encouraged;

D. funds should be spread amongst eligible industries; and

E. to the extent possible, procedures should be kept simple and easy to understand.

01-001 C.M.R. ch. 32, § I