§ 1941.976 - Eligible loan purposes.  


Latest version.
  • (a) Loan funds may be used for any purpose directly related to boll weevil eradication activities, including, but not limited to:

    (1) Purchase or lease of supplies and equipment;

    (2) Operating expenses, including but not limited to, travel and office operations;

    (3) Salaries and benefits;

    (b) Loan funds may not be used to pay expenses incurred for lobbying, public relations, or related activities, or to pay interest on loans from the Agency.