Pub. L. 104-105, tit. II, sec. 207

DISCLOSURE RELATING TO ADJUSTABLE RATE LOANS.

EnactedYear: 1996Length: 72 wordsOfficial source
SEC. 207. DISCLOSURE RELATING TO ADJUSTABLE RATE LOANS. Section 4.13(a)(4) of the Farm Credit Act of 1971 (12 U.S.C. 2199(a)(4)) is amended by inserting before the semicolon at the end the following: “, and notice to the borrower of a change in the interest rate applicable to the loan of the borrower may be made within a reasonable time after the effective date of an increase or decrease in the interest rate”.
Pub. L. 104-105, tit. II, sec. 207: DISCLOSURE RELATING TO ADJUSTABLE RATE LOANS. | Justis AI