FEDERAL · 12 U.S.C. · Chapter SUBCHAPTER V—MISCELLANEOUS
Acceptance of materials or products used in structures
12 U.S.C. § 1735e
Title12 — Banks and Banking
ChapterSUBCHAPTER V—MISCELLANEOUS
This text of 12 U.S.C. § 1735e (Acceptance of materials or products used in structures) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
12 U.S.C. § 1735e.
Text
The Secretary shall adopt a uniform procedure for the acceptance of materials and products to be used in structures approved for mortgages or loans insured under this chapter. Under such procedure any material or product which the Secretary finds is technically suitable for the use proposed shall be accepted. Acceptance of a material or product as technically suitable shall not be deemed to restrict the discretion of the Secretary to determine that a structure, with respect to which a mortgage is executed, is economically sound or an acceptable risk.
Free access — add to your briefcase to read the full text and ask questions with AI
Source Credit
History
(June 27, 1934, ch. 847, title V, §521, as added Pub. L. 89–117, title II, §216, Aug. 10, 1965, 79 Stat. 473; amended Pub. L. 90–19, §1(a)(3), May 25, 1967, 81 Stat. 17.)
Editorial Notes
Editorial Notes
Amendments
1967—Pub. L. 90–19 substituted "Secretary" for "Commissioner" wherever appearing.
Amendments
1967—Pub. L. 90–19 substituted "Secretary" for "Commissioner" wherever appearing.
Cite This Page — Counsel Stack
Bluebook (online)
12 U.S.C. § 1735e, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/1735e.