17:9A-59.34 - Use of proceeds for repayment of other loan
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
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
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