A lender may sell loans guaranteed by the corporation, or an interest in such loans, to another lender only in accordance with regulations of the corporation; and in such event the guaranty liability of the corporation on such loans or interests therein shall not be affected. A lender may pledge or assign loans guaranteed by the corporation, or an interest in such loans, as security to pledgees or assignees only in accordance with regulations of the corporation; and in such event the guaranty liability of the corporation on such loans or interests therein shall not be affected.
Section: Previous 20-3-274 20-3-275 20-3-276 20-3-277 20-3-278 20-3-279 20-3-280 20-3-281 20-3-282 20-3-283 20-3-284 20-3-285 20-3-286 20-3-287 20-3-288 NextLast modified: October 14, 2016