Florida § 288.7103 - Eligibility for loan, loan guarantee, or investment.
Full text of Florida Florida Statutes § 288.7103 — Eligibility for loan, loan guarantee, or investment., with citation guidance and answers to common questions.
§ 288.7103. Eligibility for loan, loan guarantee, or investment.
A black business enterprise is not eligible to receive a loan, loan guarantee, or investment from funds disbursed pursuant to s. 288.7102 unless the black business enterprise demonstrates that: (1) The proposed loan, loan guarantee, or investment is economically sound and will assist the black business enterprise in entering the conventional lending market, increasing opportunities for employment, and strengthening the economy of the state. (2) The black business enterprise will be able to compete successfully in the private sector if the black business enterprise obtains the requested financial assistance and has obtained or will obtain appropriate and credible technical or managerial support through an organization approved by the corporation.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 288.7103
What does Florida Statutes § 288.7103 cover?
Section 288.7103 ("Eligibility for loan, loan guarantee, or investment.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 288.7103?
A common citation format is "Florida Statutes § 288.7103" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 288.7103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.