12 U.S.C. § 1735f-13

§1735f–13. Prohibition of requirement of minimum principal loan amount

Edition 2024

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-13 - Prohibition of requirement of minimum principal loan amount

From the U.S. Government Publishing Office, www.gpo.gov

§1735f–13. Prohibition of requirement of minimum principal loan amount

A mortgagee or lender may not require, as a condition of providing a loan insured under this chapter or secured by a mortgage insured under this chapter, that the principal amount of the loan exceed a minimum amount established by the mortgagee or lender.

(June 27, 1934, ch. 847, title V, §535, as added Pub. L. 100–242, title IV, §419(a), Feb. 5, 1988, 101 Stat. 1913.)

Official source