Beginning January 1, 2023, the chief executive officer shall, as resources allow, award up to eight loans annually up to an aggregate of thirty-two. At least half, and no fewer than two, of the annual loans awarded must be awarded to applicants who have demonstrated a likelihood to practice livestock veterinary medicine in Maine unless the Authority does not receive enough qualified applicants to meet this requirement, in which case the chief executive officer may award the remaining loans to other eligible applicants. A Selection Committee convened by the chief executive officer of not fewer than three members, one of whom shall be the State of Maine veterinarian and one of whom shall be a representative of a state-wide Maine association of veterinarians, shall meet annually to advise the Authority in prioritizing the eligible applicants in accordance with the factors identified in Section II.5(C).
94-457 C.M.R. ch. 618, § 4