Ga. Comp. R. & Regs. r. 560-11-2-.02 — Applications for Financial Assistance

All applications for State financial assistance and for commercial loans under this Program will be submitted to the State Revenue Commissioner for approval. He will determine the need for and the amount of financial assistance to be given under this program by the State to any county or the need for and the amount of any commercial loan to be obtained by the county, on the basis of State funds available and the ability of the county to finance in whole or in part a qualifying property valuation and equalization program. Notwithstanding anything to the contrary contained in these rules and regulations or in any contract or agreement entered into thereunder, the State Revenue Commissioner shall not make loans to any one county in excess of one hundred thousand dollars ($100,000). Cite as Ga. Comp. R. & Regs. R. 560-11-2-.02 Authority: Ga. L. 1937-38, Extra Sess., pp. 77, et seq. , as amended (Ga. Code Ann. Secs. 92-8405, 8406, 8409, 8427). History. Original Rule entitled "Applications for Financial Assistance" was filed and effective on June 30, 1965.