16.53 - RESIDENTIAL REVERSE ANNUITY MORTGAGE MODEL PROGRAM. - Iowa Statutes

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