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Current as of January 01, 2025 | Updated by Findlaw Staff
An association shall have the right to invest limited to not in excess of five percent of the assets of the association in loans upon the security of or respecting real property or in interests therein used for primarily residential or farm purposes that do not comply with the limitations elsewhere provided in the code. Nothing in this section shall be construed to allow loans which would not otherwise be permitted under section 915(k). 1
Cite this article: FindLaw.com - Pennsylvania Statutes Title 7 P.S. Banks and Banking § 6020-165. Nonconforming loans - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-7-ps-banks-and-banking/pa-st-sect-7-6020-165/
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