Pub. L. 101-508, tit. II, subtit. B, sec. 2104

MUTUAL MORTGAGE INSURANCE FUND DISTRIBUTIONS.

EnactedYear: 1990Length: 55 wordsOfficial source
SEC. 2104. MUTUAL MORTGAGE INSURANCE FUND DISTRIBUTIONS.Section 205 of the National Housing Act (12 U.S.C. 1711) is amended by adding at the end the following new subsection: “(e) In determining whether there is a surplus for distribution to mortgagors under this section, the Secretary shall take into account the actuarial status of the entire Fund.”.
Pub. L. 101-508, tit. II, subtit. B, sec. 2104: MUTUAL MORTGAGE INSURANCE FUND DISTRIBUTIONS. | Justis AI