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S00161 Summary:

BILL NOS00161
 
SAME ASSAME AS A00707
 
SPONSORHOYLMAN-SIGAL
 
COSPNSR
 
MLTSPNSR
 
Amd §5-501, Gen Ob L
 
Prohibits pre-payment penalties for mortgages secured by real property owned in a cooperative form of ownership where over fifty percent of the units are shareholder occupied.
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