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§516-161 - Eligible loan funding program.

     §516-161  Eligible loan funding program.  (a)  The corporation may make or contract directly with mortgage lenders to fund eligible loans.

     (b)  The contract may contain provisions as determined by the corporation to be necessary or appropriate to provide security for its revenue bonds. [L 1983, c 270, pt of §1; am L 1987, c 337, §16; am L 1988, c 104, §2; am L 2005, c 196, §26(b); am L 2006, c 180, §16]

 

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