Regulations last checked for updates: Nov 22, 2024

Title 24 - Housing and Urban Development last revised: Nov 13, 2024
All TitlesTitle 24Chapter IIPart 201Subpart B - Subpart B—Loan and Note Provisions
View all text of Subpart B [§ 201.10 - § 201.19]
§ 201.16 - Default provision.

The loan note shall contain a provision for acceleration of maturity, at the option of the holder, upon a default by the borrower.

authority: 12 U.S.C. 1703; 15 U.S.C. 1639c; 42 U.S.C. 3535(d)
source: 50 FR 43523, Oct. 25, 1985, unless otherwise noted.
cite as: 24 CFR 201.16
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