Section 121.62. Lender eligibility

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A bank, Federal or State savings and loan association, mutual savings bank, Federal or State credit union or other lender, approved by the United States Secretary of Education and by the Agency which executes a Lender Participation Agreement with the Agency shall become an eligible lender.

The provisions of this § 121.62 adopted February 27, 1969; amended May 21, 1976, effective May 22, 1976, 6 Pa.B. 1134; amended March 26, 1982, effective March 27, 1982, 12 Pa.B. 1043; amended June 7, 1985, effective June 8, 1985, 15 Pa.B. 2102. Immediately preceding text appears at serial pages (69456) and (92203).

Notation

Authority

The provisions of this § 121.62 issued under act of July 12, 1981 (P. L. 264, No. 89) (24 P. S. § § 5102.1 and 5104(1.2)).

                    
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