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e-CFR data is current as of July 9, 2020

Title 24Subtitle BChapter IISubchapter BPart 213Subpart B → §213.265


Title 24: Housing and Urban Development
PART 213—COOPERATIVE HOUSING MORTGAGE INSURANCE
Subpart B—Contract Rights and Obligations—Projects


§213.265   Modifications and consolidations.

Where a mortgage covering an investor sponsored project is modified and consolidated with the mortgage of a purchasing nonprofit cooperative housing corporation or trust, it shall be deemed to be paid in full as of the date of such modification and consolidation.

[37 FR 8662, Apr. 29, 1972]

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