17-5512. Prepayment of home loans.

17-5512

Chapter 17.--CORPORATIONS
Article 55.--SAVINGS AND LOAN CODE; POWERS

      17-5512.   Prepayment of home loans. All home loans may be prepaid, in part or in full, at any payment date and the association shall not charge for such privilege of anticipatory payment an amount greater than one and one-half percent (1 1/2%) of the amount of such anticipatory payment.

      History:   L. 1943, ch. 133, § 90; L. 1977, ch. 79, § 1; July 1.