Sale or transfer of mortgage loan or obligation.

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11-11-135. Sale or transfer of mortgage loan or obligation.

The authority may sell or otherwise dispose of, at public or private sale, with or without public bidding, or assign or transfer, any mortgage loan or other obligation held by the authority, including, without limitation, the transfer of a mortgage loan or other obligation to any trust or other legal entity and the receipt of ownership interests therein.

Source: SL 1973, ch 180, §17 (4); SDCL Supp, §28-19-116; SL 2012, ch 78, §86.


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