SECTION 200:10-5-5. Insurance Commitment size diversification

Latest version.

Within each of the Portfolio Mix purpose categories iterated in Section 200:10-5-4, the Administrator will issue Insurance Commitments within the insurance resources of the Fund that are diversified by size limitations. To maximize use of credit enhancement resource and to assure the viability of the Fund, the Fund shall have a balanced portfolio by loan size. In the case of the industrial agribusiness, and other private activity portfolio mix category, the Fund shall strive to achieve a cumulative average loan size of less than One Million Dollars ($1,000,000.00).

[Source: Amended at 10 Ok Reg 1583, eff 5-13-93; Amended at 12 Ok Reg 2177, eff 7-14-95]

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');