Plain Text Law

Regulation .04 Eligible Borrower.

Regulation .04 Eligible Borrower.Copy Citation

A.
A borrower may be an individual, partnership, or any other type of legal entity.
B.
A borrower shall establish, to the satisfaction of the Fund, the capacity to meet the financial obligations of the loan.
C.
A borrower shall have maintained a credit standing and history of financial management that is acceptable to the Fund.