|
enterprise; for the expansion of an existing agricultural |
| enterprise when the land acquisition is necessary to comply with |
land use regulations; or |
| in accordance with the provisions of Title 7, section 436-A; or, |
| if the commissioner so approves at the time of loan insurance |
| commitment, to pledge money in the fund as security for, and to |
| apply money in the fund to, payment of principal, interest and |
| other amounts due on any capital loans insured by the Finance |
| Authority of Maine to an eligible dairy farmer. Repayment of |
| these loans and interest on these loans must be credited to the |
| fund and must be available for making additional loans for the |
| same purposes, except that interest may be used for the purposes |
| stated in Title 7, section 436. Interest earned on money in the |
| fund and interest earned on loans made from the fund may be used |
| to pay the administrative costs of processing loan applications, |
| to the extent that these costs exceed the fee for administrative |
| costs established by Title 7, section 435, subsection 4. |
