§ 57-4-9. Interest rate on indebtedness for loan.
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/ms/title-57-planning-research-and-development/chapter-4-industrial-development-fund/57-4-9·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The indebtedness for a loan incurred hereunder shall bear interest at the rate of five percent (5%) per annum.