Section 06.45.160. Security.

Latest version.

For the purposes of loans made under this chapter, an assignment of shares or the endorsement of a note constitutes security, and, subject to regulations adopted by the commissioner, insurance obtained under Title 1 of the National Housing Act is adequate security.

Notes

Implemented As

3 AAC 03.155

History

(Sec. 2 ch 47 SLA 1980)

                    
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