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24.03.480 - Postsecondary education loans -- Interest rates.

Postsecondary education loans — Interest rates.

A nonprofit corporation may charge interest upon any loan made under a program to finance postsecondary education at any rate or rates of interest which are permitted by state or federal law to be charged by any state or federally chartered bank, savings and loan association, or credit union.

[1989 c 166 § 1.]

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