Section 8826-G - Rural growth fund failure to comply.(a)Revocation.--If a rural growth fund fails to meet the requirements of Section 1825-g, the rural growth fund's approval shall be revoked, and, the corresponding investment authority and credit-eligible capital contributions may not be included in determining the limits on total investment authority and credit-eligible capital contributions prescribed in Sections 1824-g(f) and 1828-g(c), respectively. (b)Reallocation.--Any investment authority and credit- eligible capital contributions related to a rural growth fund whose approval has been revoked under subsection (a) shall be reallocated by awarding the investment authority related to a revocation on a pro rata basis to each rural growth fund that was awarded less than the requested investment authority under section 1824-G.(c) Discretion.--A rural growth fund may allocate any investment authority reallocated to it under subsection (b) to its investor business firms at its discretion.(d)Unallocated investment authority.--Subsequent to the reallocation in subsection (b), any remaining investment authority may be awarded by the department to new applicants. Amended by P.L. TBD 2019 No. 13, § 19, eff. 7/1/2019.Added by P.L. TBD 2016 No. 84, § 38.1, eff. 7/13/2016.