5647 AMS DARN S1996.1
SB 5647 - S AMD TO S AMD (S-1896.2/17) 65
By Senator Darneille
ADOPTED 03/07/2017
On page 2, line 11 of the amendment, after "subsection" insert ", and must not result in total loans borrowed against the property equaling more than eighty percent of the assessed value"
EFFECT: All loans against the property, including the home rehabilitation loan, cannot exceed eighty percent of the assessed value of the property.
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