Limitation on application of Secondary Mortgage Market Enhancement Act to certain investments.

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  5. Limitation on application of Secondary Mortgage Market Enhancement Act to certain investments.

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58-27-88. Limitation on application of Secondary Mortgage Market Enhancement Act to certain investments.

Any investments set forth in section 106 of the Secondary Mortgage Market Enhancement Act of 1984 (PL 98-440) shall be approved by the director. The director may limit the amount in each investment or disapprove the investment.

Source: SL 1991, ch 403.


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