§516-151  Advance commitments program.  (a)  The corporation may contract with a mortgage lender for the advance commitment to purchase eligible loans.

     (b)  The contract may contain provisions as determined by the corporation to be necessary or appropriate to provide security for its revenue bonds. [L 1983, c 270, pt of §1; am L 1987, c 337, §16; am L 1988, c 104, §2; am L 2005, c 196, §26(b); am L 2006, c 180, §16]