Sec. 8-89. Commissioner to be agent for mortgages and loans.
Sec. 8-89. Commissioner to be agent for mortgages and loans. The Commissioner of Economic and Community Development is designated as the state agency
empowered to hold or originate in the name of the state first and second mortgages on
real estate and secondary loans as provided in this part.
(1949, S. 465d; 1967, P.A. 522, S. 8; P.A. 77-614, S. 284, 610; P.A. 78-303, S. 81, 136; P.A. 79-598, S. 3, 4, 10; P.A.
95-250, S. 1; P.A. 96-211, S. 1, 5, 6.)
History: 1967 act substituted commissioner of community affairs for public works commissioner; P.A. 77-614 substituted department of economic development for commissioner of community affairs, effective January 1, 1979; P.A. 78-303 substituted commissioner for department; P.A. 79-598 substituted commissioner of housing for commissioner of
economic development; P.A. 95-250 and P.A. 96-211 replaced Commissioner and Department of Housing with Commissioner and Department of Economic and Community Development.