Bill Information

An Act amending the act of December 14, 1967 (P. L. 746, No. 345), entitled "Savings Association Code of 1967," further providing for change of interest on loans for property repair, alteration and improvement and loans secured by chattel paper; providing that delinquency charges be increased, that the charge on inactive accounts be increased, that the percentage of assets which may be invested in housing for the aging be increased, providing for further delegation of powers by directors and further defining maximum interest rate.