16.53 Residential reverse annuity mortgage model program.
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/ia/chapter-16-iowa-finance-authority/16-53·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The authority may develop a model reverse annuity mortgage conforming to the requirements of this chapter, and may offer reverse annuity mortgages to qualified participants.
CS89, §220.53
C93, §16.53
Iowa finance authority authorized to issue bonds for the residential reverse annuity mortgage model program, to be repaid from program proceeds; 89 Acts, ch 267, §11