Owner's rights—Public regulatory powers—Applicability.

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This chapter shall not in any way prohibit an owner of federally assisted housing from terminating a rental assistance contract or prepaying a mortgage or loan. The requirement in this chapter for notice shall not be construed as conferring any new or additional regulatory power upon the city or county clerk or upon the *department of community, trade, and economic development.

[ 1995 c 399 § 161; 1989 c 188 § 5.]

NOTES:

*Reviser's note: The "department of community, trade, and economic development" was renamed the "department of commerce" by 2009 c 565.


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