R.C.S.A. § 8-100-1

Definitions (Repealed)

SupersededYear: 2026Length: 216 wordsOfficial source

Cite as Conn. Agencies Regs. § 8-100-1

(a) "Commissioner" means the public works commissioner of the state of Connecticut. (b) "Correspondent" means any accredited loan agent appointed by the commissioner to originate and service loans on behalf of this state. (c) "Certificate of eligibility" means a certificate issued by the commissioner to the head of a family of moderate financial resources evidencing that the recipient is eligible for the benefits of part IV of chapter 128 of the general statutes. (d) "Permanent loan" means a loan, the principal of which is to be amortized over a period of years not exceeding thirty years from date of closing, and the proceeds of which are not to be distributed during construction of a dwelling on the mortgaged property. (e) "Construction-permanent loan" means a loan which would be a permanent loan, except that the proceeds are to be disbursed during construction of a dwelling on the mortgaged premises. (f) "Minimum property requirements of the federal building administration" means the "minimum property requirements for properties of one or two living units located in the New England States" promulgated by the federal housing administration and in effect as of March 6, 1956. (g) All terms defined in section 8-96 of the general statutes shall have the same meaning when used or referred to herein. (See G.S. § 8-96.)
R.C.S.A. § 8-100-1: Definitions (Repealed) | Justis AI