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4.14.313    PROCEDURES FOLLOWING BOND ISSUANCE

(1)  No bond proceeds may be used for a non-qualified purpose or by a non-qualified user.  The financial institution and beginning farmer/rancher shall certify to the authority that the proceeds were used or are to be used by a qualified beginning farmer/rancher for a qualified purpose.

History: 80-12-103, MCA; IMP, 80-12-302, MCA; NEW, 1984 MAR p. 363, Eff. 3/1/84; AMD, 2001 MAR p. 1723, Eff. 9/7/01.
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