Determination of interest, fees and other charges; prepayment

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The board of directors shall from time to time determine the rate of interest, fees and other charges to be made in connection with loans by the association. In fixing such charges full consideration shall be given to sound and economical home financing. Borrowers shall have the right to pay their loans before maturity, and in such cases, not more than ninety days' interest on the amount prepaid may be charged.


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