[§201H-94]  Eligible loans.  (a)  The
corporation shall establish requirements for property financed by an eligible
loan, and may consider 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 2006, c 180, pt of §4]