6 Miss. Code. R. 1-13.1 - Purpose
The Mississippi Airport Revitalization Revolving Loan Program ("Airport Loan Program"), administered by the Mississippi Development Authority ("MDA"), is designed for making loans to airport authorities ("Local Sponsors") for the construction and/or the improvement of airport facilities located in the state of Mississippi ("State"). Funding for loans to Local Sponsors is derived from the issuance of State bonds or notes. The Airport Loan Program was enacted by the State Legislature during the Regular 1993 Session.
Notes
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