Rhode Island General Laws 42-34-15.1. Agreement of state
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The state of Rhode Island does hereby pledge to and agree with the mortgagees holding mortgage insurance issued by the authority under this chapter that the state of Rhode Island will not limit or alter the rights hereby vested in the authority to fulfill the terms of any agreements made with the mortgagees relating to that mortgage insurance until the agreements have been performed in full.
History of Section.
G.L. 1956, § 42-34-15.1; P.L. 1975, ch. 170, § 9.
Terms Used In Rhode Island General Laws 42-34-15.1
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.