Sec. 44.88.545. Limitations of guarantees with respect to borrowers.
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Sec. 44.88.545. Limitations of guarantees with respect to borrowers.
The authority may not provide a guarantee
(1)of more than $1,000,000;
(2)to an individual borrower that cumulatively, with the outstanding principal balance of other authority guaranteed indebtedness of that borrower, exceeds $1,000,000.