Section 860.702 - Max manufacturing endeavor loan fund(a) Establishment.--The Max Manufacturing Endeavor Loan Fund is established within the State Treasury to which shall be credited: (1) appropriations made by the General Assembly, other than appropriations for expenses of administering this chapter;(2) grants from other sources to the department; and(3) repayment of principal and interest on loans made under this chapter.(b) Allocations for loans.--(1) The department shall routinely requisition from the Max Manufacturing Endeavor Loan Fund such amounts as shall be allocated by the department for loans to applicants under this chapter. When and as the amounts allocated by the department as loans to applicants are repaid to the department under the terms of the agreements made and entered into with the department, the department shall pay the amounts into the (2) The Max Manufacturing Endeavor Loan Fund shall operate as a revolving fund from which all appropriations and payments made to this fund may be applied and reapplied for the purposes of this chapter.Added by P.L. (number not assigned at time of publication) 2024 No. 24,§ 702, eff. 6/13/2024.