6 Miss. Code. R. 1-15.7

Current through December 10, 2024
Rule 6-1-15.7 - General Loan Terms

The maximum amount, which may be loaned from Port Loan Funds to finance any one project, is $1,000,000. Port 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. 1-15.7

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