17:9A-59.34.Ā  Use of proceeds for repayment of other loan
Nothing in this act shall prevent a bank from making a small business loan,Ā  the proceeds of which will be applied in whole or in part to the repayment atĀ  or before final maturity of a loan theretofore made under the provisions ofĀ  this act or otherwise.

L.1964, c. 162, s. 10.
Ā