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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