Section 37-153-237 - Grant contract agreement; recipient obligationsThe office shall enter into a grant contract agreement with each recipient of a grant under the program that incorporates the following obligations and conditions:
(a) The recipient of a grant shall commit to serving as a paramedic for three (3) continuous years in the State of Mississippi;(b) If any recipient of a grant under the program does not engage in serving as a paramedic in accordance with the terms of Sections 5 through 9 of this act, the recipient shall be obligated to repay the grant amounts received, together with interest thereon at the maximum rate allowed by Mississippi law or the federal discount rate plus five percent (5%) per year, whichever is less, the interest to accrue from the date that each payment of funds was received by the recipient;(c) No interest shall accrue and there shall be no obligation to repay the principal sums accrued during any one (1) period of time that the recipient involuntarily serves on active duty in the United States Armed Forces; and(d) Repayment of the principal with interest shall be due and payable in full immediately on the occurrence of either of the following events: (i) Failure to remain in the State of Mississippi for three (3) continuous years for any reason other than temporary personal illness; or(ii) Failure to serve as a paramedic on a regularly sustained basis as provided in the eligibility requirements of Section 7.Added by Laws, 2024, ch. 481, HB 1567,§ 8, eff. 7/1/2024.