The commerce corporation may elect to partner with an outside lending organization and authorize that organization to receive and administer program funds. Before partnering with an outside lending organization, the commerce corporation may identify eligible lending organizations through one or more competitive statewide or regional solicitations.
R.I. Gen. Laws § 42-64.25-4
Qualifications of lending organizations
Known as the Small Business Assistance Program Act
The act spans §§ 42-64.25-1 to 42-64.25-9 (14 sections).
P.L. 2015, ch. 141, art. 19, § 8.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.