§516-95  Rules; eligible loans.  (a) 
The corporation shall establish requirements for property financed by an
eligible loan, and may consider, but not be limited to the location, age,
condition, and other characteristics of the property.



(b)  The corporation shall establish
restrictions on the terms, maturities, interest rates, collateral, and other
requirements for eligible loans.



(c)  All eligible loans made shall comply with
applicable state and federal laws. [L 1983, c 270, pt of §1; am L 1987, c 337,
§16; am L 1988, c 104, §2; am L 2005, c 196, §26(b); am L 2006, c 180, §16]