§ 7-612. Violations of loan provisions

Latest version.

   If a borrower violates any provision of a loan guarantee or subsidy agreement or ceases to meet the requirements of this subtitle, on reasonable notice to the borrower, the Board may:

   (1) withhold from the borrower further loan guarantees or subsidies until the borrower complies with the agreement or requirements; and

   (2) exercise any other remedy that the loan guarantee or subsidy agreement provides.

HISTORY: An. Code 1957, art. 41, § 14-913; 2007, ch. 3, § 2.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');