§ 7-6.1-13 - Loans. - Rhode Island Statutes

SECTION 7-6.1-13

   § 7-6.1-13  Loans. – Any financial institution organized, incorporated, chartered, or licensed toconduct business under the laws of the state of Rhode Island are authorized tomake loans secured by a pledge of a proprietary lease and the appurtenant stockof a cooperative housing corporation on the same terms and limitations as loanssecured by mortgages of real property.