ยง516-161 - Eligible loan funding program.
ยง516-161ย Eligible loan funding program.ย
(a)ย The corporation may make or contract directly with mortgage lenders to
fund 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]