Section 339.23101. Definitions.

Latest version.

All data is extracted from pdf, click here to view the pdf.

Rule 101. (1) As used in these rules:

(a) "Transaction value" means any of the following:

(i)   For loans or other extensions of credit, the amount of the loan or the extension of credit.

(ii)    For sales, leases, purchases, and investments, or in exchanges of real property, the market value of the real property interest involved.

(iii)    For the pooling of loans or interests in real property for resale or purchase, the amount of the loan or market value of the real property calculated with respect to each such loan or interest in real property.

(2) Terms defined in articles 1 to 6 and 26 of the act have the same meanings when used in these rules.

History: 1996 AACS; 2002 AACS; 2003 AACS; 2004 AACS; 2006 AACS; 2007 AACS;2010

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');