5 Del. C. § 1912

Limitation on loans not secured by first mortgage on real estate.

Last amended: 1968Year: 2026Length: 33 wordsOfficial source
Not more than 50 percent of the shareholders’ invested capital in any building and loan association doing business in this State shall be loaned on real estate security on other than first liens.
5 Del. C. § 1912: Limitation on loans not secured by first mortgage on real estate. | Justis AI