§ 54B-210 – Components of liquidity fund.

54B-210. Components of liquidity fund. (a) Every State association shall establish and maintain a regulatory capital account in an amount and in such funds and investments that comply with the requirements of the appropriate federal regulatory authorities. (b) The failure of a State association to maintain the required level and type of regulatory capital may […]

§ 54B-211 – Renewal of liquidity fund.

54B-211. Renewal of liquidity fund. If the liquidity fund falls below the amount required by the Commission, the association shall make no new real property loans until the required level has been attained. The refinancing, recasting or renewal of loans previously made and loans made as a result of foreclosure sales under instruments held by […]