§516-123 - Acquisition loan programs; self supporting.
§516-123 Acquisition loan programs; self
supporting. The interest rate, fees, charges, premiums, and other terms of
the loans made under the acquisition loan programs shall be at least sufficient
to pay the cost of administering and maintaining the portion of the specific
acquisition loan programs for which the revenue bonds have been issued, and to
assure payment of the principal of and interest on the revenue bonds as they
become due. [L 1983, c 270, pt of §1]