6 Miss. Code. R. § 1-7.12 - Lump Sum Payments

If a Financial Institution collects payments on more than one SBEFI Loan, MDA will allow a lump sum payment on all outstanding loans. An itemized list of the source of funds, including SBEFI Loan numbers, must accompany this payment. Financial Institutions must submit all collections for a one-month period by the fifth of the following month.

Notes

6 Miss. Code. R. § 1-7.12
Miss. Code Ann. § 57-111-1 (Supp. 2008)

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.


No prior version found.