24 CFR 203.464 - Effect of termination.

Regulations last checked for updates: Dec 18, 2025

Title 24 - Housing and Urban Development last revised: Dec 08, 2025

View all text of Subpart B [§ 203.251 - § 203.499]

§ 203.464 - Effect of termination.

Upon termination of the contract of insurance, the obligation to pay any subsequent insurance premium shall cease and all rights of the borrower and lender shall be terminated.

authority: 12 U.S.C. 1707,1709,1710,1715b,1715z,1715u,and; 15 U.S.C. 1639c; 42 U.S.C. 3535(d)

source: 36 FR 24508, Dec. 22, 1971, unless otherwise noted.

cite as: 24 CFR 203.464