Compliance with federal conditions for qualified mortgage bonds.

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11-11-48. Compliance with federal conditions for qualified mortgage bonds.

The authority may enter into all agreements and take any actions necessary to comply with all conditions set forth in §143 of the Internal Revenue Code of 1986, for the issuance of qualified mortgage bonds as therein defined.

Source: SL 1981, ch 221, §3; SDCL Supp, §28-19-39.5; SL 1995, ch 80, §13; SL 2012, ch 78, §27.


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