[ §514D-6] Loans; eligibility. The authority may make loans directly to a condominium association that has: (1) Received at least one letter from a financial institution declining its eligibility for a loan to address maintenance or insurance coverage issues; and (2) Obtained full replacement property and hurricane insurance coverage or intends to do so as a condition of any financing received. [L 2025, c 296, pt of §19]
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