SEC. 81-12-161. Real estate loans to be written on approved loan plans.

Real estate loans eligible for investment by an association under this chapter shall be written upon loan plans approved by the commissioner, which shall include provisions for appraisals, payments, evidences of the loans, and security instruments, and may include provisions concerning liens, payments of taxes and insurance premiums and similar charges, and advance payments of taxes and insurance premiums and similar charges.

SOURCES: Laws, 1977, ch. 445, Sec. 48; reenacted, 1982, ch. 301, Sec. 81; 1990 Ex Sess, ch. 52, Sec. 82; 1993, ch. 441, Sec. 82; reenacted and amended, 1994, ch. 622, Sec. 114, eff from and after July 1, 1994.

1997 Amendment:

Reenacted

SOURCE: 1997 Laws, Chapter 496, Sec. 79, HB390, Effective July 1, 1997.