Department of Commerce - limitation on grants and loans

N.C. Gen. Stat. § 143B-431.2

N.C. Gen. Stat. § 143B-431.2

The Department of Commerce may not make a loan nor award a grant to any individual, organization, or governmental unit if that individual, organization, or governmental unit is currently in default on any loan made by the Department of Commerce. (2000-56, s. 4.)