§ 107.702. Amortization Procedure.

Latest version.

Where an additional advance is made as provided in Section 107.702(b), the prior existing balance of the loan plus the amount of the advance may be combined and payments amortized for a term not greater than provided in Section 7150.

HISTORY

1. Change without regulatory effect renumbering former Section 175.2 to Section 107.702 (Register 87, No. 14). For prior history, see Register 82, No. 21.

Note

Note: Authority cited: Section 5255, Financial Code. Reference: Sections 5074, 6701 and 7150, Financial Code.

                    
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