§ 40.22. IMPOUND ACCOUNT.

Latest version.

If the Chief Administrative Officer deems it desirable and necessary to effectuate the purposes of the program that an impound account be required to assure taxes, insurance, or a maintenance reserve, he or she may include such a requirement in any HELP loan agreement.
(Added by Ord. 482-80, App. 10/17/80)

                    
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