§ 7-6.1-13 - Loans.
SECTION 7-6.1-13
§ 7-6.1-13 Loans. – Any financial institution organized, incorporated, chartered, or licensed toconduct business under the laws of the state of Rhode Island are authorized tomake loans secured by a pledge of a proprietary lease and the appurtenant stockof a cooperative housing corporation on the same terms and limitations as loanssecured by mortgages of real property.