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2006 SESSION

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HB 1077 Construction loans by banks; removes an obsolete reference.

Introduced by: Allen W. Dudley | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Construction loans by banks. Removes an obsolete reference to the maximum 40-year and two-month amortization period for loans secured by real estate. The requirement for minimum amortization periods in real estate loans was repealed in 2005.


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