Article 21 - REVERSE MORTGAGES
- Section 53-255 - Title
- Section 53-256 - Purpose
- Section 53-257 - Definitions
- Section 53-258 - Authority and procedures governing reverse mortgage loans
- Section 53-259 - Application of rules
- Section 53-260 - Interest
- Section 53-261 - Taxes, insurance, and assessments
- Section 53-262 - Renegotiation of loan; calculation of outstanding balance; prepayment
- Section 53-263 - Limits on borrowers' liability
- Section 53-264 - Disclosures of loan terms
- Section 53-265 - Information required of lender
- Section 53-266 - Effects of lender's default
- Section 53-267 - Repayment upon borrower's default
- Section 53-268 - Time for initiation of foreclosure
- Section 53-269 - Counseling provisions
- Section 53-270 - Prohibited acts
- Section 53-270.1 - Contracts for shared appreciation or shared value
- Section 53-271 - Commissioner's authority to enforce; penalties
- Section 53-272 - Appeals
- Section 53-273 - Reserved
- Section 53-274 - Reserved