Statutes, codes, and regulations
Pennsylvania Code (Rules and Regulations)
Title 12 - COMMERCE, TRADE AND LOCAL GOVERNMENTPart III - Business FinancingSubpart C - LoansChapter 73 - PENNSYLVANIA INDUSTRIAL DEVELOPMENT AUTHORITYSubchapter B - STATEMENT OF POLICY
MISCELLANEOUS
Section 73.312 - Related parties

12 Pa. Code § 73.312

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Current through Register Vol. 55, No. 1, January 4, 2025
Section 73.312 - Related parties

PIDA will not generally participate in a project if persons having a significant ownership interest in the party selling an asset or assets, either individually or in the aggregate, will also have an ownership interest in the party buying the asset or assets. See also § 73.309 (relating to commencement and refinancing).

12 Pa. Code § 73.312

The provisions of this § 73.312 adopted and renumbered from §303.82, March 20, 1992, effective 3/21/1992, 22 Pa.B. 1270; amended October 19, 2007, effective 10/20/2007, 37 Pa.B. 5601.