24 CFR 241.1230 - No vested right in fund.

Regulations last checked for updates: May 04, 2025

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

§ 241.1230 - No vested right in fund.

Neither the lender nor the borrower shall have any vested or other right in the insurance fund under which the loan is insured.

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

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

cite as: 24 CFR 241.1230