FEDERAL · 12 U.S.C. · Chapter 13

Amendment, extension, or increase of commitment amounts

Current through Pub. L. 119-102
Title 12Banks and Banking·Ch. 13 — NATIONAL HOUSING·Subch. V
At any time prior to final endorsement for insurance, the Secretary, in his discretion, may amend, extend, or increase the amount of any commitment, provided the mortgage, as finally endorsed for insurance is eligible for insurance under the provisions of this chapter and the rules and regulations thereunder, in effect at the time the original commitment to insure was issued.

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12 U.S.C. § 1734 (Amendment, extension, or increase of commitment amounts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Source Credit

History

(June 27, 1934, ch. 847, title V, §515 as added Oct. 25, 1949, ch. 729, §3, 63 Stat. 906; amended Pub. L. 90–19, §1(a)(3), May 25, 1967, 81 Stat. 17; Pub. L. 98–479, title II, §204(a)(20), Oct. 17, 1984, 98 Stat. 2232.)

Editorial Notes

Editorial Notes

Amendments
1984—Pub. L. 98–479 struck out "; mortgage conditions" after "amounts" in section catchline.
1967—Pub. L. 90–19 substituted "Secretary" for "Commissioner".