21 CRR-NY 4240.4NY-CRR

STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 21. MISCELLANEOUS
CHAPTER L. NEW YORK STATE URBAN DEVELOPMENT CORPORATION
PART 4240. SMALL, MINORITY BUSINESS AND WOMEN-OWNED BUSINESS ENTERPRISES TRANSPORTATION CAPITAL ASSISTANCE AND GUARANTEED LOAN PROGRAM
21 CRR-NY 4240.4
21 CRR-NY 4240.4
4240.4 Eligible and ineligible uses of program assistance.
(a) Program assistance may be sought and used for the purposes set forth in the descriptions herein of each form of program assistance.
(b) Program assistance shall not be used for any of the following purposes:
(1) refinancing, retiring or liquidating existing debt or equity;
(2) residential construction projects;
(3) payment of any tax arrearages; and
(4) payment of employee benefit arrearages.
21 CRR-NY 4240.4
Current through September 15, 2021
End of Document

IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.