12 C.F.R. § 614.4920 Purpose and scope.
Title 12 - Banks and Banking
(a) Purpose. This subpart implements the requirements of the National Flood Insurance Act of 1968 (1968 Act), as amended, and the Flood Disaster Protection Act of 1973 (1973 Act), as amended (42 U.S.C. 4001–4129). (b) Scope. This subpart, except for §§614.4940 and 614.4950, applies to loans of Farm Credit System (System) institutions that are secured by buildings or mobile homes located or to be located in areas determined by the Director of the Federal Emergency Management Agency to have special flood hazards. Sections 614.4940 and 614.4950 apply to loans secured by buildings or mobile homes, regardless of location.
Title 12: Banks and Banking
PART 614—LOAN POLICIES AND OPERATIONS
Subpart S—Flood Insurance Requirements
§ 614.4920 Purpose and scope.
