8.111.407    SECURITY FOR THE LOAN

(1) The property pledged as security for the reverse annuity mortgage will be the only source the board has for repayment of the loan.

History: 90-6-507, MCA; IMP, 90-6-505, 90-6-506, MCA; NEW, 1990 MAR p. 1783, Eff. 9/14/90.