South Dakota Statutes
§ 11-11-134 — Purchase of federally insured housing mortgages.
South Dakota·Title 11 PLANNING, ZONING AND HOUSING PROGRAMS·Ch. 11-8 SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY
The authority may make commitments to purchase, and purchase, service, and sell federally insured mortgages and make loans directly upon the security of any such mortgage, if the underlying mortgage loans have been made and continue to be used solely to finance or refinance the construction, rehabilitation, purchase, or leasing of residential housing in this state.
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South Dakota § 11-11-134 (Purchase of federally insured housing mortgages.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1973, ch 180, § 17 (3); SDCL Supp, § 28-19-115; SL 1983, ch 106, § 4Z; SL 2012, ch 78, § 85.
Nearby Sections
15
§ 11-1-15
Repealed§ 11-11-1
Legislative findings.