§ 3.1-67. (Repealed effective October 1, 2008) Application to Commissioner for loan; form and content...
Any eligible borrower desiring to build a wholesale produce market may apply to the Commissioner of Agriculture and Consumer Services for a loan from this fund to be used for the purpose set forth in § 3.1-66, provided such market is to be operated in such a manner as to comply with the objectives of this article and for the duration of any such loan, to earn revenues sufficient only to conduct its business and meet its obligations, with reasonable reserves.
Such application shall be made on forms prescribed by the Commissioner. In addition to other information called for, such application shall give information as to the financial needs of such facility, the use expected to be made of the requested loan, the anticipated sources of all funds required to build the facility, the anticipated revenue of such facility, wherein the public welfare will be promoted by making the loan, and the reasons why such facility is expected to be self-liquidating.
(Code 1950, § 3-79.21; 1954, c. 453; 1966, c. 702.)
Sections: Previous 3.1-60 3.1-61 3.1-62 3.1-63 3.1-64 3.1-65 3.1-66 3.1-67 3.1-68 3.1-69 3.1-70 3.1-71 3.1-72 3.1-73 3.1-73.1 NextLast modified: April 16, 2009