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House Bill 1180

House Bill 1180

ARCHIVE (2011)

Latest Information

DIGEST OF HB1180 (Updated March 29, 2011 2:14 pm - DI 84)

Zero interest mortgages by nonprofit entities. Specifies that: (1) the statute concerning first lien mortgage lending; and (2) the uniform consumer credit code; do not apply to a bona fide nonprofit entity that does not operate in a commercial context and that meets other specified criteria. Makes a technical amendment.
Current Status:
Law Enacted
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