Regulations last checked for updates: Nov 25, 2024

Title 24 - Housing and Urban Development last revised: Nov 13, 2024
All TitlesTitle 24Chapter IIPart 221Subpart D - Subpart D—Contract Rights and Obligations—Moderate Income Projects
View all text of Subpart D [§ 221.751 - § 221.795]
§ 221.785 - Date of maturity of debentures.

The debentures issues pursuant to the exercise of an assignment option shall be dated as of the date the mortgage is assigned to the Commissioner and shall mature 10 years after such date.

authority: 12 U.S.C. 1715b,1715l,and; 42 U.S.C. 3535(d)
source: 36 FR 24587, Dec. 22, 1971, unless otherwise noted.
cite as: 24 CFR 221.785
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