Pub. L. 83-560, tit. I, sec. 105

Pub. L. 83-560, tit. I, sec. 105

EnactedYear: 1954Length: 63 wordsOfficial source
Sec. 105. Section 203 (b) (3) of said Act, as amended, is hereby amended to read as follows: “(3) Have a maturity satisfactory to the Commissioner, but not to exceed, in any event, thirty years from the date of the insurance of the mortgage or three-quarters of the Commissioner’s estimate of the remaining economic life of the building improvements, whichever is the lesser.”
Pub. L. 83-560, tit. I, sec. 105 | Justis AI