2018 Missouri Revised Statutes
Title XXIV - Business and Financial Institutions
Chapter 362 - Banks and Trust Companies
Section 362.180 Who may make Federal Housing Act loans.

Universal Citation: MO Rev Stat § 362.180 (2018)

Effective 28 Aug 1961

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 362

362.180. Who may make Federal Housing Act loans. — Banking institutions, trust companies, insurance companies, and loan and investment companies may

(1) Make loans and advances of credit and purchases of obligations representing loans and advances of credit which are eligible for insurance pursuant to title I, section 2, of the National Housing Act, and obtain such insurance;

(2) Make loans secured by real property or leasehold interests which the Federal Housing Administrator insures or makes a commitment to insure pursuant to title II of the National Housing Act, and obtain such insurance.

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(RSMo 1939 § 8189, A.L. 1961 p. 463)

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