§516-171 Loans; service and custody. [Section effective until June 30, 2006. For section effective July 1, 2006, see below.] The corporation may contract for the service and custody of its loans. The contract may provide for the payment of fees or charges for the services rendered; provided that the fees or charges shall not exceed the usual, customary, and reasonable charges for the services rendered. [L 1983, c 270, pt of §1; am L 1987, c 337, §16; am L 1988, c 104, §2]

§516-171 Loans; service and custody. [Section effective July 1, 2006. For section effective until June 30, 2006, see above.] The administration may contract for the service and custody of its loans. The contract may provide for the payment of fees or charges for the services rendered; provided that the fees or charges shall not exceed the usual, customary, and reasonable charges for the services rendered. [L 1983, c 270, pt of §1; am L 1987, c 337, §16; am L 1988, c 104, §2; am L 2005, c 196, §26(b)]