FEDERAL · 15 U.S.C. · Chapter 62
Conversion lending
Current through Pub. L. 119-102
Title 15 — Commerce and Trade·Ch. 62 — CONDOMINIUM AND COOPERATIVE CONVERSION PROTECTION AND ABUSE RELIEF
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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15 U.S.C. § 3602 (Conversion lending) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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History
(Pub. L. 96–399, title VI, §603, Oct. 8, 1980, 94 Stat. 1673.)