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uncoupling |
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| The structure of the loan included an IRP decoupling, which allowed the pre-existing monthly interest reduction payment (IRP) subsidy to continue after payoff of the current loan. Key statement: To achieve an improved sound decoupling, the cap and the carrier element are connected to a component, exclusively constructed of an elastomer. On June 7, 2005, South Carolina Governor Mark Sanford signed HB 3768, which contains a provision (13) explicitly decoupling from IRC Sec. |
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