6 Miss. Code. R. 1-7.6

Current through December 10, 2024
Rule 6-1-7.6 - Restrictions on Use of Loan Proceeds

No loan proceeds shall be used to pay off any existing debt for loan consolidation purposes; to finance acquisition, construction, improvement, or operation of real property which is primarily for sale or investment; to provide or free funds for speculation in any kind of property or as a loan to owners.

6 Miss. Code. R. 1-7.6

Miss. Code Ann. § 57-111-1 (Supp. 2008)