11-11-119. Purchase of mortgages from mortgage lenders.
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/sd/title-11/chapter-11-11/11-11-119·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The authority may invest in, purchase or make commitments to purchase, and take assignments from mortgage lenders, of notes and mortgages evidencing loans for the construction, rehabilitation, purchase, leasing, or refinancing of housing in this state.