FEDERAL · 15 U.S.C. · Chapter 62

Conversion lending

15 U.S.C. § 3602
Title15Commerce and Trade
Chapter62 — CONDOMINIUM AND COOPERATIVE CONVERSION PROTECTION AND ABUSE RELIEF

This text of 15 U.S.C. § 3602 (Conversion lending) 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
15 U.S.C. § 3602.

Text

It is the sense of the Congress that lending by federally insured lending institutions for the conversion of rental housing to condominiums and cooperative housing should be discouraged where there are adverse impacts on housing opportunities of the low- and moderate-income and elderly and handicapped tenants involved.

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Source Credit

History

(Pub. L. 96–399, title VI, §603, Oct. 8, 1980, 94 Stat. 1673.)

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15 U.S.C. § 3602, Counsel Stack Legal Research, https://law.counselstack.com/usc/15/3602.