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CONNECTICUT STATUTES AND CODES

Sec. 32-280. Written procedures.

      Sec. 32-280. Written procedures. The authority shall adopt written procedures in accordance with the provisions of section 1-121 setting forth the process to be followed by, and the responsibilities and obligations of corporations and the authority under sections 32-271 to 32-284, inclusive. Such procedures shall establish underwriting standards for the purchase of loans made by regional corporations under section 32-276.

      (P.A. 92-236, S. 21, 48; P.A. 93-217, S. 3, 5.)

      History: P.A. 93-217 added provision requiring written procedures to establish underwriting standards, effective June 23, 1993.

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