Pub. L. 97-35, tit. III, subtit. A, pt. 6, sec. 364 (as amended)

applicability

Year: 2026Length: 72 wordsOfficial source
applicability Sec. 364. [12 U.S.C. 3703] Multifamily mortgages held by the Secretary encumbering real estate located in any State may be foreclosed by the Secretary in accordance with this part, or pursuant to other foreclosure procedures available, at the option of the Secretary. If the Secretary forecloses on any such mortgage pursuant to such other foreclosure procedures available, the provisions of section 367(b) may be applied at the discretion of the Secretary.
Cross-references to the US Code
12 U.S.C. 3703
Pub. L. 97-35, tit. III, subtit. A, pt. 6, sec. 364 (as amended): applicability | Justis AI