Minnesota Administrative Rules
This is an historical version of this rule part. Also view the current version.
7607.0120 MAXIMUM LOAN AMOUNT.
To assure equitable statewide distribution of loan funds, given that loans will be issued on a first-come, first-served basis, the authority shall establish a maximum loan amount of $1,500,000 for each municipality.
Statutory Authority:
MS s 446A.11
History:
13 SR 1922; 16 SR 1553; L 1993 c 327 s 15
Published Electronically:
January 19, 2005
Official Publication of the State of Minnesota
Revisor of Statutes