Section 41-23-50 – Creation of Economic Development Revolving Loan Funds; Regional Planning and Development Commissions to Disburse Moneys; Administration; Use of Funds; Interest and Costs.

Section 41-23-50 Creation of economic development revolving loan funds; regional planning and development commissions to disburse moneys; administration; use of funds; interest and costs. There is hereby appropriated from the State General Fund to the Alabama Department of Economic and Community Affairs for the 1990-91 fiscal year the sum of $500,000 to be used to […]

Section 41-23-51 – Regional Revolving Loan Policy Committee; Duties; Membership; Length of Terms; Meetings.

Section 41-23-51 Regional Revolving Loan Policy Committee; duties; membership; length of terms; meetings. The moneys appropriated to the Alabama Department of Economic and Community Affairs under the provisions of Section 41-23-50 shall be used to create and establish economic development revolving loan funds throughout this state, pursuant to rules hereunder and approved by the Regional […]