Section 26.15.070. Sale or transfer of mortgages and notes.

Latest version.

   (a) The commissioner of commerce, community, and economic development may sell or transfer at par value or at a premium or discount to any bank or other private purchaser for cash or other consideration the mortgages and notes held by the Department of Commerce, Community, and Economic Development as security for loans made under this chapter.
   (b)   [Repealed, Sec. 14 ch 122 SLA 1980].

Notes

History

(Sec. 1 ch 127 SLA 1961; am Sec. 5 ch 109 SLA 1971; am Sec. 17 ch 72 SLA 1979; am Sec. 14 ch 122 SLA 1980)

                    
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