If the program provided by this article is terminated or discontinued for any reason in the future, all monies in the guaranty fee fund and small businessman's loan fund in the state treasury shall, after payment of all outstanding indebtedness, be transferred to the general fund.
Structure Mississippi Code
Title 57 - Planning, Research and Development
Chapter 10 - Small Business Assistance
Article 3 - Small Businessman's Loan Assistance Law of 1972
§ 57-10-103. Declaration of intent; construction
§ 57-10-111. General powers and duties of committee
§ 57-10-113. Eligibility for loan guaranty
§ 57-10-117. Supplementary security requirement for corporate borrower
§ 57-10-119. Advancement of loan in installments
§ 57-10-121. Proceedings by lender upon default on loan; assignment of unsatisfied judgment to state
§ 57-10-123. Filing of claim for payment of loan from state funds
§ 57-10-127. Distribution of collections by state
§ 57-10-129. Extent of liability of state funds
§ 57-10-131. Investment of moneys in state funds
§ 57-10-133. Acceptance of federal and private grant funds
§ 57-10-137. Transfer of moneys to general fund upon termination of program