26,490 sections across 2,319 Louisiana regulatory chapters.
Chapter 61. Contract Loan Program-6107 Eligibility
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A. Small business concerns as defined by SBA for purposes of size eligibility as set forth by 13 CFR 121. B. Small businesses whose owner(s) or principal stockholder(s) shall be a resident of Louisiana, and the business is domiciled in Louisiana with preference given to certified…
Chapter 61. Contract Loan Program-6109 General Loan Provisions
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A. Only one contract loan will be allowed for any one borrower at any one time. A borrower may apply for additional contract loans only after the full repayment of any previous contract loan is complete. B. The Louisiana Economic Development Corporation will be guided by the foll…
Chapter 61. Contract Loan Program-6111 General Agreement Provisions
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A. Participation Agreement 1. The lending institution is responsible for administration and monitoring of the loan. 2. The lead lender may not sell any additional participations in the loan. 3. Should liquidation through foreclosure occur, the bank will sell the collateral and ha…