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115 chapters · 1,834 sections in this title.
4 CMC § 10601 MIHA-CEDA Loan Write-off
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MIHA-CEDA Loan Write-off. The CEDA shall write-off approximately $6,635,588 of the principal and any and all interest that has accrued and/or will accrue on that portion of the principal on the effective date of this chapter, on that specific loan entered into by and between CEDA…
4 CMC § 10602 CUC-CEDA Loan and Interest Waiver
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CUC-CEDA Loan and Interest Waiver. Pursuant to the Memorandum of Agreement between the CEDA and the Commonwealth Utilities Corporation [CUC], CEDA may waive $16,068,750.00 of the principal amount owed by CUC, such amount being the aggregate sum of all outstanding sewer and water …
4 CMC § 10603 CEDA-CUC Loan Principal and Interest Write-off
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CEDA-CUC Loan Principal and Interest Write-off. The Commonwealth Economic Development Authority (CEDA) is hereby authorized to waive the sum of $45,500,000.00 of the principal amount owed by the Commonwealth Utilities Corporation (CUC), such amount being the aggregate sum of all …
4 CMC § 1601 Definitions
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Definitions. For the purpose of this chapter: (a) A “foreign sales corporation” or “FSC” means a Commonwealth domestic corporation which is: (1) An FSC or small FSC as defined in Section 922 of the United States Internal Revenue Code of 1986, as the same may be amended from time …
