Ohio Admin. Code 5501:6-1-04 - Security for financial assistance
The director may request any of the following as security for
(A) A pledge of
identified tax revenues, fees, or other revenues derived directly or indirectly
from the project;
(B) A guarantee
from the borrower or another person;
(C) A mortgage or lien position on or
security interest in the project or a portion of the project, or any other
asset of the borrower ;
(D) Other
credit enhancement the director determines appropriate.
Notes
Promulgated Under: 111.15
Statutory Authority: 111.15
Rule Amplifies: 5531.09, 5531.10
Prior Effective Dates: 09/10/1996 (Emer.), 11/22/1996
Promulgated Under: 111.15
Statutory Authority: 5531.09
Rule Amplifies: 5531.09, 5531.10
Prior Effective Dates: 09/10/1996 (Emer.), 11/22/1996
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