Section 73.312. Related parties

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PIDA will not generally participate in a project if persons having a significant ownership interest in the party selling an asset or assets, either individually or in the aggregate, will also have an ownership interest in the party buying the asset or assets. See also § 73.309 (relating to commencement and refinancing).

The provisions of this § 73.312 adopted and renumbered from § 303.82, March 20, 1992, effective March 21, 1992, 22 Pa.B. 1270; amended October 19, 2007, effective October 20, 2007, 37 Pa.B. 5601. Immediately preceding text appears at serial page (230925).

                    
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