16.53  RESIDENTIAL REVERSE ANNUITY MORTGAGE MODEL
PROGRAM.

The authority may develop a model reverse annuity mortgage
conforming to the requirements of this chapter, and may offer reverse
annuity mortgages to qualified participants.
         Section History: Recent Form

89 Acts, ch 267, § 10
CS89, § 220.53
C93, § 16.53
2007 Acts, ch 54, §25
Iowa finance authority authorized to issue bonds for the
residential reverse annuity mortgage model program, to be repaid from
program proceeds; 89 Acts, ch 267, § 11