House Bill No. 6648
House Bill No. 6648
PUBLIC ACT NO. 97-19
AN ACT CONCERNING CREDIT UNION MORTGAGE LOANS.
Be it enacted by the Senate and House of
Representatives in General Assembly convened:
Section 1. Subsection (j) of section 36a-442
of the general statutes is repealed and the
following is substituted in lieu thereof:
(j) Attorney fees IN CONNECTION WITH ANY
MORTGAGE LOAN MADE BY A CONNECTICUT CREDIT UNION,
including preparation of THE mortgage deed and
note, title search, waivers and closing fees or
recording fees, shall be [at the expense of] PAID
BY the borrower UNLESS OTHERWISE DETERMINED BY THE
CONNECTICUT CREDIT UNION.
Sec. 2. This act shall take effect from its
passage.
Approved May 6, 1997