Minn. R. agency 148, ch. 4900, DEVELOPMENT COST LOANS, pt. 4900.0230

Current through Register Vol. 49, No. 29, 2025

Part 4900.0230 - DISBURSEMENT OF LOAN WITH EVIDENCE OF INDEBTEDNESS

The commissioner of the agency shall not permit any disbursement of an approved development cost loan until such loan is evidenced by a fully executed note or other evidence of indebtedness, and by such other instruments as the commissioner may in specific cases deem necessary or appropriate.

Minn. R. agency 148, ch. 4900, DEVELOPMENT COST LOANS, pt. 4900.0230

L 1987 c 186 s 15

Statutory Authority:MS s 462A.06