Plain Text Law

Regulation .05 Eligible Uses.

Regulation .05 Eligible Uses.Copy Citation

The proceeds of the loan may be used for any purposes approved by the Authority and permitted by the Act, including:
A.
Working capital;
B.
Acquisition of real property and the construction of new buildings or renovation of existing buildings;
C.
Acquisition and installation of machinery and equipment;
D.
The obtaining of additional credit enhancements such as a letter of credit; and
E.
Acquisition of stock.