6 MAC Pt. 1, R. 7.14
Prepayments
Cite as 6 Miss. Admin. Code Pt. 1, R. 7.14
Prepayments. The Financial Institution shall notify MDA in writing of any
prepayments of the Financial Institution's loan. If the Financial Institution's loan is to be paid in
full, the MDA portion of the loan must be paid off first. MDA and the Financial Institution shall
receive partial payments on a pro-rata basis.