17-5512

Chapter 17.--CORPORATIONS
Article 55.--SAVINGS AND LOAN CODE; POWERS

      17-5512.   Prepayment of home loans.All home loans may be prepaid, in part or in full, at any payment date andthe association shall not charge for such privilege of anticipatory paymentan amount greater than one and one-half percent (1 1/2%) of the amountof such anticipatory payment.

      History:   L. 1943, ch. 133, § 90; L. 1977, ch. 79, § 1; July 1.