ยง516-151ย  Advance commitments program.ย 
(a)ย  The corporation may contract with a mortgage lender for the advance
commitment to purchase eligible loans.



(b)ย  The contract may contain provisions as
determined by the corporation to be necessary or appropriate to provide
security for its revenue bonds. [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]