8-248B-9

Regulations of Connecticut State Agencies


Sec. 8-248B-9. Security for CHFA loans

Whenever CHFA makes or purchases loans to implement its programs, such loans shall be secured as required by chapter 134 of the General Statutes, with such additional security as CHFA deems appropriate, including, but not limited to, personal guarantees, letters of credit, bonds, leases, escrow arrangements, pledges, reserves, security interests, mortgage interests, insurance, agreements, indemnities, warranties, assignments, or other forms of security.

(Effective November 3, 1981)