90-7-213. Loan limitation. A loan made by the authority may not exceed the total cost or appraised value of the eligible facility being financed as the cost or appraised value is determined by the participating institution and approved by the authority.

     History: En. Sec. 10, Ch. 703, L. 1983; amd. Sec. 8, Ch. 477, L. 1997; amd. Sec. 6, Ch. 479, L. 1997.