Section 18.56.500. Fire insurance.

Latest version.

Before purchasing or participating in the purchase of a small community housing mortgage loan, the corporation may require the borrower to agree to purchase and maintain fire insurance for the real property for which the loan is made in an amount not less than the outstanding principal balance of the loan.

Notes

Implemented As

15 AAC 152.060

History

(Sec. 100 ch 4 FSSLA 1992)

                    
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