ยง516-122 - Acquisition loan programs; general powers.
ยง516-122ย Acquisition loan programs; general
powers.ย (a)ย The corporation may make, enter into, and enforce all
contracts or agreements which are necessary, convenient, or desirable for the
purposes of the performance of its duties in executing the acquisition loan
programs.
(b)ย The corporation may require
representations and warranties as it determines necessary to secure its loans.
[L 1983, c 270, pt of ยง1; am L 1987, c 337, ยง16; am L 1988, c 104, ยง2; am L
2005, c 196, ยง26(b); am L 2006, c 180, ยง16]