§478-9  [OLD] REPEALED.  L 1980, c 188,
§4.



 



§478-9  Rejection of federal law.  It is
hereby explicitly stated by the terms of this section that the provisions of
Title V, Part A-Mortgage Usury Laws, Mortgages, section 501(a)(1) and of Part
B-Business and Agricultural Loans, of the Depository Institutions Deregulation
and Monetary Control Act of 1980 shall not apply with respect to loans,
mortgages, credit sales, and advances made in this State, and that this State
does not want the provisions of Title V, Part A-Mortgage Usury Laws, Mortgages,
section 501(a)(1) and of Part B-Business and Agricultural Loans, of the
Depository Institutions Deregulation and Monetary Control Act of 1980 to apply
with respect to loans, mortgages, credit sales, and advances made in this
State. [L 1980, c 188, §1; ren and am L 1986, c 137, pt of §1; am L 1988, c
141, §51]