6 Miss. Code. R. 1-13.5

Current through December 10, 2024
Rule 6-1-13.5 - General Loan Terms

The maximum which may be loaned from Airport loan funds to finance any one project is $1,000,000. Airport loan funds may be used for one hundred percent (100%) project financing. The maximum term will be for up to ten (10) years with an interest rate of one percent (1%) per annum.

6 Miss. Code. R. 1-13.5

Miss. Code Ann. § 57-61-41 et seq. (Rev. 2008).
Amended 6/3/2021