Pub. L. 101-625, tit. III, subtit. B, sec. 331

MUTUAL MORTGAGE INSURANCE FUND DISTRIBUTIONS.

EnactedYear: 1990Length: 56 wordsOfficial source
SEC. 331. 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.”.