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Rule Title: SECURITY FOR THE LOAN
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Department: COMMERCE, DEPARTMENT OF
Chapter: BOARD OF HOUSING
Subchapter: Reverse Annuity Mortgage Act
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):
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8.111.407    SECURITY FOR THE LOAN

(1) The property pledged as security for the reverse annuity mortgage will be the only source the board has for repayment of the loan.

History: 90-6-507, MCA; IMP, 90-6-505, 90-6-506, MCA; NEW, 1990 MAR p. 1783, Eff. 9/14/90.

 

 
MAR Notices Effective From Effective To History Notes
9/14/1990 Current History: 90-6-507, MCA; IMP, 90-6-505, 90-6-506, MCA; NEW, 1990 MAR p. 1783, Eff. 9/14/90.
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