28- 248 C.M.R. ch. 101, § II
Current through 2024-51, December 18, 2024
The Treasurer shall allocate the total amount of the funds available for investment under 5 M.R.S.A. Section135 to the counties of the State on the basis of each county's percentage of the total State cash sales of agricultural products as reported in the most recent United States Census of Agriculture. Until April 1 of each year, the funds so allocated to each county shall be available for investment only in support of qualified loans to agricultural enterprises located in that county. After April 1 of each year, the Treasurer may invest any remaining funds to support a qualified loan or loans without regard to the county of location of the agricultural enterprises to which the loan is made.
28- 248 C.M.R. ch. 101, § II