Lag om ändring av 1 och 26 § i lagen om hypoteksföreningar
A mortgage association is treated as a credit institution, and its special purpose is to grant long-term loans mainly against mortgage security or other acceptable security.
- Jurisdiction
- Finland
- Instrument
- Act or statute
- Citation
- 129
- Version
- Undated source snapshot
- Language
- sv
- Official source
- View official record ↗
Statute overview
About this statute
A mortgage association is treated as a credit institution, and its special purpose is to grant long-term loans mainly against mortgage security or other acceptable security. Supplementary capital may only be repaid if the mortgage association’s basic capital is not reduced, its own-funds ratio stays above the levels in sections 55 and 86 of the Credit Institutions Act, and the repayment does not exceed half of the previous year’s profit in any year.
Available versions
Undated version · current
fi
Undated version · current
sv
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Lag om ändring av 1 och 26 § i lagen om hypoteksföreningar
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