38:23B-14.2 - Notice of election by bank as to guarantee or insurance of loan
38:23B-14.2.Ā Notice of election by bank as to guarantee or insurance of loan
Every bank which heretofore made any veteran's loan under and pursuant to the provisions of chapter one hundred twenty-six of the laws of one thousand nine hundred and forty-four and every bank which may hereafter make its initialĀ veteran's loan shall elect, prior to the first day of July, one thousand nineĀ hundred and forty-five, or simultaneously with the submission for approval ofĀ its initial veteran's loan, whichever is later, to have all veterans' loansĀ made and to be made by such bank either insured in accordance with theĀ provisions of section nine hereof or guaranteed in accordance with theĀ provisions of section ten hereof.Ā Notice of such election shall be made onĀ such form as the commissioner shall prescribe.
L.1945, c. 185, p. 628, s. 8.
Ā
Every bank which heretofore made any veteran's loan under and pursuant to the provisions of chapter one hundred twenty-six of the laws of one thousand nine hundred and forty-four and every bank which may hereafter make its initialĀ veteran's loan shall elect, prior to the first day of July, one thousand nineĀ hundred and forty-five, or simultaneously with the submission for approval ofĀ its initial veteran's loan, whichever is later, to have all veterans' loansĀ made and to be made by such bank either insured in accordance with theĀ provisions of section nine hereof or guaranteed in accordance with theĀ provisions of section ten hereof.Ā Notice of such election shall be made onĀ such form as the commissioner shall prescribe.
L.1945, c. 185, p. 628, s. 8.
Ā