SECTION 330:15-3-11. Program loan origination periods

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In order to best serve the citizens of the State, Mortgage Loans shall be originated on a continuous basis and allocated to the Program as applicable. The actual period of time for the use of Program funds or the origination of mortgages under each Program shall be set as the Trustees may determine to be necessary under the market conditions prevalent at the time the program is being developed and as may be determined by the Trustees at the discretion of the Trustees at time of finalization of the Program.

[Source: Amended at 37 Ok Reg 1709, eff 1-1-21]

                    
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