§ 57-10-117. Supplementary security requirement for corporate borrower

MS Code § 57-10-117 (2019) (N/A)
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If there is a corporate borrower, the committee shall require the personal guarantee or endorsement of any principal or entity owning at least twenty percent (20%) of the corporation that is borrowing money from any lender under the provisions of this article, and the committee may also require any other guarantees it deems appropriate.