Pub. L. 88-560, tit. I, sec. 116

private financing of sale of fha-acquired properties

EnactedYear: 1964Length: 89 wordsOfficial source
private financing of sale of fha-acquired properties Sec. 116. Section 223(c) of the National Housing Act is amended by striking out “limitation upon eligibility contained in this title II” and inserting in lieu thereof the following: “limitations or requirements contained in this title upon the eligibility of the mortgage, upon the payment of insurance premiums, or upon the terms and conditions of insurance settlement and the benefits of the insurance to be included in such settlement (except that in any case the payment of insurance shall be in debentures)”.