Lag om ändring av 1 och 26 § i lagen om hypoteksföreningar | 621 — Finland law | Esheria

Lag om ändring av 1 och 26 § i lagen om hypoteksföreningar

A mortgage association is a credit institution and its special purpose is to lend long-term funds mainly against mortgage security or other adequate security.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Finland
Instrument
Act or statute
Citation
621
Version
Undated source snapshot
Language
fi
Updated
Official source
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capital repayment credit institutions mortgage lending profit-based restriction

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Statute overview

About this statute

A mortgage association is a credit institution and its special purpose is to lend long-term funds mainly against mortgage security or other adequate security. Supplementary capital may be repaid only if the mortgage association’s basic capital is not reduced and the repayment is not more than half of the previous year’s profit.

Available versions

  • Undated version · current

    fi

  • Undated version · current

    sv