U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2024 Edition Title 12 - BANKS AND BANKING CHAPTER 13 - NATIONAL HOUSING SUBCHAPTER V - MISCELLANEOUS Sec. 1735f-1 - Waiver of deduction on assignment of property to Secretary in lieu of foreclosure From the U.S. Government Publishing Office, www.gpo.gov §1735f–1. Waiver of deduction on assignment of property to Secretary in lieu of foreclosure Notwithstanding any other provision of this chapter, from and after November 3, 1966, the Secretary, under such terms and conditions as he may approve, may waive all or a part of the 1 per centum deduction otherwise made from insurance benefits with respect to multifamily housing or land development mortgages assigned to him, where the assignment is made at his request in lieu of foreclosure of the mortgage. (June 27, 1934, ch. 847, title V, §523, as added Pub. L. 89–754, title III, §312, Nov. 3, 1966, 80 Stat. 1271.)
12 U.S.C. § 1735f-1
§1735f–1. Waiver of deduction on assignment of property to Secretary in lieu of foreclosure
Edition 2024