§ 122A-15 – Refunding obligations.
122A-15. Refunding obligations. The Agency is hereby authorized to provide for the issuance of refunding obligations for the purpose of refunding any obligations then outstanding which shall have been issued under the provisions of this Chapter, including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of […]
§ 122A-16 – Oversight by committees of General Assembly; annual reports.
122A-16. Oversight by committees of General Assembly; annual reports. The Finance Committee of the House of Representatives and the Finance Committee of the Senate shall exercise continuing oversight of the Agency in order to assure that the Agency is effectively fulfilling its statutory purpose; provided, however, that nothing in this Chapter shall be construed as […]
§ 122A-17 – Officers not liable.
122A-17. Officers not liable. No member or other officer of the Agency shall be subject to any personal liability or accountability by reason of his execution of any obligations or the issuance thereof. (1969, c. 1235, s. 17; 1973, c. 1296, s. 57.)
§ 122A-18 – Authorization to accept appropriated moneys.
122A-18. Authorization to accept appropriated moneys. The Agency is authorized to accept such moneys as may be appropriated from time to time by the General Assembly for effectuating its corporate purposes including, without limitation, the payment of the initial expenses of administration and operation and the establishment of a reserve or contingency fund to be […]
§ 122A-19 – Tax exemption.
122A-19. Tax exemption. The exercise of the powers granted by this Chapter will be in all respects for the benefit of the people of the State, for their well-being and prosperity and for the improvement of their social and economic conditions, and the Agency shall not be required to pay any tax or assessment on […]
§ 122A-20 – Conflict of interest.
122A-20. Conflict of interest. If any member, officer or employee of the Agency shall be interested either directly or indirectly, or shall be an officer or employee of or have an ownership interest in any firm or corporation interested directly or indirectly in any contract with the Agency, including any loan to any sponsor, builder […]
§ 122A-21 – Additional method.
122A-21. Additional method. The foregoing sections of this Chapter shall be deemed to provide an additional and alternative method for the doing of the things authorized thereby and shall be regarded as supplemental and additional to powers conferred by other laws, and shall not be regarded as in derogation of any powers now existing; provided, […]
§ 122A-22 – Chapter liberally construed.
122A-22. Chapter liberally construed. This Chapter, being necessary for the prosperity of the State and its inhabitants, shall be liberally construed to effect the purposes thereof. (1969, c. 1235, s. 22.)
§ 122A-23 – Inconsistent laws inapplicable.
122A-23. Inconsistent laws inapplicable. Insofar as the provisions of this Chapter are inconsistent with the provisions of any general or special laws, or parts thereof, the provisions of this Chapter shall be controlling. (1969, c. 1235, s. 24.)
§ 122A-5.5 – Rehabilitation Loan Authority.
122A-5.5. Rehabilitation Loan Authority. (a) In order to effectuate the authority of the Agency to participate in commitments to purchase and to purchase mortgage loans for the rehabilitation of existing residential housing the Agency is hereby empowered to adopt, modify or repeal rules and regulations governing the making or participation in the making of mortgage […]