South Dakota Codified Laws 58-27-88. Limitation on application of Secondary Mortgage Market Enhancement Actto certain investments
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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.
Terms Used In South Dakota Codified Laws 58-27-88
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
Source: SL 1991, ch 403.