Current through 2024-51, December 18, 2024
Section 457-204-5 - Criteria and ConsiderationsA. An application will not be approved unless the Authority determines that the appropriate criteria and considerations under Chapter 101 or 103, as appropriate, have been met and satisfied.B. No application will be approved for a loan for which insurance under Chapter 101 or 103 is already in effect unless the Authority determines that the Eligible Loan will continue to be serviced as required by the Authority and unless the Authority determines that the Eligible Loan proceeds are still being used in connection with an eligible enterprise.94- 457 C.M.R. ch. 204, § 5