1. Regulations
  2. title 24
  3. chapter II
  4. part 241
  5. subpart C
  6. subjgrp 205
  7. § 241.630

View all text of Subjgrp 205 [§ 241.630 - § 241.645]

§ 241.630 - Maximum insurance against loss.

A loan insured under this subpart shall be insured for 90 percent of any loss incurred by the person holding the note for the loan.

AUTHORITY: 12 U.S.C. 1715b, 1715z-6, and 1735d; 42 U.S.C. 3535(d).

SOURCE: 36 FR 24653, Dec. 22, 1971, unless otherwise noted.

CITE AS: 24 CFR 241.630