25 U.S.C. § 1489 — Loans made by certain financial institutions without regard to limitations and restrictions of other Federal statutes with respect to certain particulars

FEDERAL · 25 U.S.C. · Chapter SUBCHAPTER II—LOAN GUARANTY AND INSURANCE

Loans made by certain financial institutions without regard to limitations and restrictions of other Federal statutes with respect to certain particulars

25 U.S.C. § 1489

ChapterSUBCHAPTER II—LOAN GUARANTY AND INSURANCE

This text of 25 U.S.C. § 1489 (Loans made by certain financial institutions without regard to limitations and restrictions of other Federal statutes with respect to certain particulars) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

25 U.S.C. § 1489.

Text

Any loan made by any national bank or Federal savings and loan association, or by any bank, trust company, building and loan association, or insurance company authorized to do business in the District of Columbia, at least 20 per centum of which is guaranteed hereunder, may be made without regard to the limitations and restrictions of any other Federal statute with respect to (a) ratio of amount of loan to the value of the property;

(b)maturity of loans;

(c)requirement of mortgage or other security;

(d)priority of lien; or (e) percentage of assets which may be invested in real estate loans.

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Any loan made by any national bank or Federal savings and loan association, or by any bank, trust company, building and loan association, or insurance company authorized to do business in the District of Columbia, at least 20 per centum of which is guaranteed hereunder, may be made without regard to the limitations and restrictions of any other Federal statute with respect to (a) ratio of amount of loan to the value of the property; (b) maturity of loans; (c) requirement of mortgage or other security; (d) priority of lien; or (e) percentage of assets which may be invested in real estate loans.

Source Credit

History

(Pub. L. 93–262, title II, §209, Apr. 12, 1974, 88 Stat. 80.)

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Bluebook (online)

25 U.S.C. § 1489, Counsel Stack Legal Research, https://law.counselstack.com/usc/25/1489.