58-2-20. Procurement of loan secured by mortgage on real estate permitted to division personnel.
41 words·~1 min read·
/sd/title-58/chapter-58-2/58-2-20·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sections 58-2-18 and 58-2-19 shall not be construed to prohibit the director or any employee from procuring a loan secured by a mortgage on real estate which mortgage and loan would be a proper investment under the provisions of this title.