§ 5-432. Leverage limitations

Latest version.

The portion of the aggregate principal amount of bonds and authorized purpose obligations that the Fund insures at any time may not exceed 5 times the Fund balance.

HISTORY: An. Code 1957, art. 83A, § 5-917(g), 5-919(h); 2008, ch. 306, § 2; ch. 307, § 1.

                    
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