Pennsylvania Code (Last Updated: April 5, 2016) |
Title 12. COMMERCE, TRADE AND LOCAL GOVERNMENT |
PART III. Business Financing |
Subpart D. Minority Lending |
Chapter 81. Minority Business Development Authority |
SubChapter C. EXAMINATION AND INVESTIGATION OF LOANS |
Section 81.202. Scope of examinations and investigations
Latest version.
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Examinations and investigations conducted by the Authority will be limited to any matter material for the Authoritys information and necessary to:
(1) The determination of the eligibility of the applicant to receive a loan granted under the act.
(2) The determination of the economic viability of the loan.
(3) The power to review the operation of any business that has received a loan granted under the authority of the act.
Notation
This section cited in 12 Pa. Code § 81.221 (relating to issuing subpoenas).