New York Statutes
§ 10 — Loan guarantee premium
New York § 10
JurisdictionNew York
Law UDGUrban development guarantee fund of New York 175/68
This text of New York § 10 (Loan guarantee premium) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. Urban development guarantee fund of New York 175/68 § 10 (2026).
Text
§ 10. Loan guarantee premium. The fund is authorized but not required\nto fix premiums for the guarantee of loan repayments under the\nprovisions of this act, such premiums to be computed as a percentage,\nwhich shall not exceed one percentum per annum on that portion of the\nprincipal obligation guaranteed hereunder as the fund shall determine on\nthe basis of all pertinent available data. Such premiums shall be\npayable by the borrower in such manner as shall be prescribed by the\nfund. The amount of premium is not required to be uniform among the\nvarious loans insured provided, however, that that premium provided for\nhereunder shall not be payable more than once on loan guarantees given\nunder subdivision (b) of section eight of this act.\n
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New York § 10, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/UDG/10.