12 Pa. Code § 81.131. Amount and terms of loans.

LIMITATIONS ON LOANS AND GUARANTEES

§ 81.131. Amount and terms of loans.

The Authority will from time to time establish the terms of its loans, to include matters such as the interest rate, length of loan term, maximum amount of loans and requirements for creation or preservation of jobs, which will be published as a notice in the Pennsylvania Bulletin.

Authority

   The provisions of this §  81.131 amended under section 9 of the Pennsylvania Minority Business Development Authority Act (73 P.S. §  390.9).

Source

   The provisions of this §  81.131 adopted July 11, 1975, effective July 12, 1975, 5 Pa.B. 1781; amended February 15, 1980, effective February 16, 1980, 10 Pa.B. 760; amended February 6, 1987, effective February 7, 1987, 17 Pa.B. 634; amended December 24, 1992, effective December 26, 1992, 22 Pa.B. 6106; corrected January 22, 1993, effective December 26, 1992, 23 Pa.B. 462; amended February 5, 1993, effective February 6, 1993, 23 Pa.B. 628; amended December 23, 2016, effective March 24, 2017, 46 Pa.B. 8035. Immediately preceding text appears at serial pages (230938) to (230939).

Cross References

   This section cited in 12 Pa. Code §  81.112 (relating to eligible projects); and 12 Pa. Code §  81.125 (relating to additional conditions for certain loans).

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