24 CFR 221.785 - Date of maturity of debentures.

Regulations last checked for updates: May 03, 2025

Title 24 - Housing and Urban Development last revised: Apr 20, 2025

View all text of Subpart D [§ 221.751 - § 221.795]

§ 221.785 - Date of maturity of debentures.

The debentures issues pursuant to the exercise of an assignment option shall be dated as of the date the mortgage is assigned to the Commissioner and shall mature 10 years after such date.

authority: 12 U.S.C. 1715b,1715l,and; 42 U.S.C. 3535(d)

source: 36 FR 24587, Dec. 22, 1971, unless otherwise noted.

cite as: 24 CFR 221.785