§ 43.163.050. Pooling of loans
The authority is authorized to develop and conduct a program or programs to promote small business and agricultural financing in the state through the pooling of loans or portions of loans made or guaranteed through programs administered by federal agencies including the small business or farmers home administrations. For such purpose, the authority may acquire from eligible banking organizations and other financial intermediaries who make or hold loans made or guaranteed through programs administered by the federal small business or farmers home administrations all or portions of such loans, and the authority may contract or coordinate with parties authorized to acquire or pool loans made or guaranteed by a federal agency or with parties authorized to administer such loan or guarantee programs.
[1990 c 53 § 3; 1989 c 279 § 6.]
Sections: Previous 43.163.005 43.163.010 43.163.020 43.163.030 43.163.040 43.163.050 43.163.060 43.163.070 43.163.080 43.163.090 43.163.100 43.163.110 43.163.120 43.163.130 43.163.140 NextLast modified: April 7, 2009