Section 125.161. Authority loan documents.  


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  • (1) Forms of documents to be used with respect to development fund loans, mortgage loans, and the issuance and sale  of    authority   notes and bonds shall be

    prepared, and  may   be  revised  and   amended,     by    the authority staff under direction of the executive director on  behalf  of the authority, subject to legal requirements.

    (2)   The appropriate forms of  such  documents  shall  be   employed   with respect to all matters relating to development  fund   loans   and   mortgage loans.

History: 1979 AC.