Loans to mortgage lenders for new residential mortgages.

  1. Law
  2. South Dakota Codified Laws
  3. Planning, Zoning and Housing Programs
  4. South Dakota Housing Development Authority
  5. Loans to mortgage lenders for new residential mortgages.

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11-11-122. Loans to mortgage lenders for new residential mortgages.

The authority may make loans to mortgage lenders under terms and conditions requiring the proceeds to be used by such mortgage lenders for the making of new residential mortgages.

Source: SL 1973, ch 180, §17 (2); SDCL Supp, §28-19-105; SL 2012, ch 78, §76.


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