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12 U.S.C. 1715b, 1715w, 1735d, and 1735f-19; 42 U.S.C. 3535(d).
36 FR 24618, Dec. 22, 1971, unless otherwise noted.
39 FR 28970, Aug. 12, 1974, unless otherwise noted.
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Mortgage insurance premiums which are paid to the Commissioner more than 15 days after the billing date or due date, whichever is later, shall include a late charge of 4 percent of the amount of the payment due, except that no late charge shall be required with respect to any case for which HUD fails to render a proper billing to the mortgagee.
[43 FR 60154, Dec. 26, 1978]