[§304A-107]  Loans; advances.  Theuniversity may borrow, from time to time from the state treasury, sums that inthe aggregate shall not exceed $100,000, and the director of finance may makethe loans to the university, without interest; provided that the loans shall berepaid within the same fiscal year unless extended by the director.  Inaddition to the foregoing, the director of finance may advance funds to theuniversity when required to meet reimbursable costs incurred in connection withfederally financed research and training projects; provided that the advancesshall not amount in the aggregate to more than $100,000 at any time. [L 2006, c75, pt of §2]