Statutes, codes, and regulations
Mississippi Administrative Code
Title 6 - Economic DevelopmentPart 1 - Financial Resources
Chapter 7 - Small Business and Existing Forestry Industry Loan Program
Rule 6-1-7.13 - Agreement Terms

6 Miss. Code. R. 1-7.13

Download
PDF
Current through December 10, 2024
Rule 6-1-7.13 - Agreement Terms

SBEFI Loans are subject to an agreement, providing that any and all outstanding obligations may be accelerated and payments called for if, during the term of the loan, any change of ownership or control of the business concern occurs without the prior written consent of MDA, or if any adverse change occurs without notification to MDA.

6 Miss. Code. R. 1-7.13

Miss. Code Ann. § 57-111-1 (Supp. 2008)