24 C.F.R. § 203.424

Maximum amount of distributive shares.

Last amended: 2016Year: 2026Length: 29 wordsOfficial source

Cite as 24 C.F.R. § 203.424 (2026)

In no event shall a distributive share of the Participating Reserve Account exceed the aggregate scheduled annual premiums of the mortgagor to the year of termination of the insurance.
24 C.F.R. § 203.424: Maximum amount of distributive shares. | Justis AI