15 Miss. Code. R. 9-101-4.2.2

Current through December 10, 2024

Rule 15-9-101-4.2.2

An applicant must first submit to the Department a current financial audit showing that the hospital is in good financial condition, a Letter of Good Standing from the Secretary of State, and an official Letter of Intent stating the applicant's intention to apply for a loan. The letter must at a minimum include the following:

1. A detailed description of the project and purpose for applying for the loan to determine program eligibility;

2. The proposed financing structure and collateral requirements; and

3. Any other terms of the applicant's proposed project.

15 Miss. Code. R. 9-101-4.2.2

House Bill 365, 2022 Regular Legislative Session

Adopted 7/1/2022