10 §374. Duties of board
§374. Duties of board The board has the following powers and duties. [PL 2015, c. 412, §2 (AMD).] 1. Receipt of money and property. The board may accept and receive gifts, grants, bequests or devises from any source, including funds from the Federal Government or any of its political subdivisions. [PL 1987, c. […]
10 §375. Loans
§375. Loans 1. Demonstration of purpose of loan. The board may enter into loan agreements with any qualifying borrower and exercise all powers of a lender or creditor. Loan security may include the acquisition, use, management, improvement or disposition of any interest in, or type of, real or personal property, including grant, purchase, sale, borrow, […]
10 §376. Purposes for which loans may be awarded
§376. Purposes for which loans may be awarded The board or an entity with which the board has contracted to provide financial services pursuant to section 374, subsection 2 may award loans to qualifying borrowers for the following purposes: [PL 2015, c. 412, §3 (AMD).] 1. Individual independence. To assist one or more persons […]
10 §377. Loans for transportation assistance program
§377. Loans for transportation assistance program The board or an entity with which the board has contracted to provide financial services pursuant to section 374, subsection 2 may award loans for the purpose of assisting persons with disabilities to purchase used vehicles necessary to obtain or retain employment or employment training, subject to the following […]
10 §381. Small Enterprise Growth Program established
§381. Small Enterprise Growth Program established There is established the Small Enterprise Growth Program. [PL 1995, c. 699, §3 (NEW).] SECTION HISTORY PL 1995, c. 699, §3 (NEW).
10 §382. Definitions
§382. Definitions As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 1995, c. 699, §3 (NEW).] 1. Board. “Board” means the Small Enterprise Growth Board. [PL 1995, c. 699, §3 (NEW).] 2. Fund. “Fund” means the Small Enterprise Growth Fund. [PL 1995, c. […]
10 §354. Duties of board (REPEALED)
§354. Duties of board (REPEALED) SECTION HISTORY PL 1985, c. 468, §2 (NEW). PL 1995, c. 699, §2 (RP).
10 §383. Program funds established
§383. Program funds established 1. Creation of fund. There is established the Small Enterprise Growth Fund, which is a revolving fund used to provide funding for disbursements to qualifying small businesses in the State seeking to pursue an eligible project. The fund must be deposited with and maintained and administered by the Finance Authority of […]
10 §355. Grants (REPEALED)
§355. Grants (REPEALED) SECTION HISTORY PL 1985, c. 468, §2 (NEW). PL 1989, c. 552, §2 (AMD). PL 1995, c. 699, §2 (RP).
10 §384. Board
§384. Board 1. Establishment; membership. There is established as a body corporate and politic and a public instrumentality of the State the Small Enterprise Growth Board, which consists of 11 members appointed by the Governor as follows: A. An experienced commercial lender; [PL 1995, c. 699, §3 (NEW).] B. An attorney with knowledge […]