Home Table of Contents

§ 2106. Approval

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 12 Pa.C.S.A. Commerce and TradeEffective: February 12, 2004

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 12 Pa.C.S.A. Commerce and Trade (Refs & Annos)
Part III. Economic Development Programs
Chapter 21. Opportunity Grants
Effective: February 12, 2004
12 Pa.C.S.A. § 2106
§ 2106. Approval
The following shall apply:
(1) Upon being satisfied that all requirements have been met, the department may approve the application and award a grant.
(2) Prior to providing grant funds to the applicant, the department shall enter into a contract with the applicant. The contract shall include provisions requiring the applicant to use the grant to pay the costs of the project.
(3) The department may impose any other terms and conditions on the grants authorized by this chapter as the department determines is in the best interests of the Commonwealth, including a provision requiring collateral to secure repayment of any penalty imposed under the program.

Credits

2004, Feb. 12, P.L. 99, No. 12, § 2, imd. effective.
12 Pa.C.S.A. § 2106, PA ST 12 Pa.C.S.A. § 2106
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document