24 C.F.R. § 221.785   Date of maturity of debentures.


Title 24 - Housing and Urban Development


Title 24: Housing and Urban Development
PART 221—LOW COST AND MODERATE INCOME MORTGAGE INSURANCE—SAVINGS CLAUSE
Subpart D—Contract Rights and Obligations—Moderate Income Projects

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§ 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.

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