Statutes, codes, and regulations
Connecticut Administrative Code
Title 32 - Commerce and Economic and Community Development
Insuring of Industrial Mortgages
Section 32-13-32 - Service of insured loans by secured parties

Conn. Agencies Regs. § 32-13-32

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Current through October 16, 2024
Section 32-13-32 - Service of insured loans by secured parties

All approved secured parties shall service insured loans in accordance with acceptable practices of prudent lending institutions. In the event of default, the secured party shall contact the debtor and otherwise exercise diligence in collecting the amounts due.

Conn. Agencies Regs. § 32-13-32

Effective November 26, 1968