Statutes, codes, and regulations
Mississippi Administrative Code
Title 6 - Economic DevelopmentPart 1 - Financial Resources
Chapter 6 - Farish Street Historic District Loan Program
Rule 6-1-6.11 - Default Loans

6 Miss. Code. R. 1-6.11

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Current through December 10, 2024
Rule 6-1-6.11 - Default Loans

CMPDD shall adopt and follow a prudent collection schedule. In the event of a default, CMPDD shall take all necessary and appropriate actions to recover the principal and interest due including enforcing personal guaranties. All defaulted loans shall be reported to appropriate credit bureau(s).

6 Miss. Code. R. 1-6.11

Senate Bill 3194, 1999 Regular Session, as amended by Chapter 533 Laws of 2010.