[§304A-107]  Loans; advances.  The
university may borrow, from time to time from the state treasury, sums that in
the aggregate shall not exceed $100,000, and the director of finance may make
the loans to the university, without interest; provided that the loans shall be
repaid within the same fiscal year unless extended by the director.  In
addition to the foregoing, the director of finance may advance funds to the
university when required to meet reimbursable costs incurred in connection with
federally financed research and training projects; provided that the advances
shall not amount in the aggregate to more than $100,000 at any time. [L 2006, c
75, pt of §2]