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MORTGAGE INSTITUTIONS ACT

Section 11: Liquidity requirements.

1989Section 11 of 27•Federal Republic of Nigeria

(1) Every mortgage institution shall maintain a minimum percentage of its total deposit liabilities as deposits with the Federal Mortgage Bank as may be prescribed, from time to time, by the Federal Mortgage Bank.

Cite this section

Section 11, MORTGAGE INSTITUTIONS ACT (1989).

https://repo.podus.ai/laws/mortgage-institutions-act/section/11/