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2012 Statute



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17-5508.Association payments for protection of loans; addition to unpaid balance of loan. An association may pay taxes, assessments, insurance premiums and other similar charges for the protection of its real-estate loans. All such payments shall be added to the unpaid balance of the loan and shall be equally secured by the first lien on the property.

History: L. 1943, ch. 133, § 86; July 1.



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2014. Powered by KLISS. Rendered: 2014-09-22T21:18:01. Head Rev No: 351364