24 C.F.R. § 203.424 Maximum amount of distributive shares.
Title 24 - Housing and Urban Development
In no event shall a distributive share of the Participating Reserve Account exceed the aggregate scheduled annual premiums of the mortgagor to the year of termination of the insurance.
Title 24: Housing and Urban Development
PART 203—SINGLE FAMILY MORTGAGE INSURANCE
Subpart B—Contract Rights and Obligations
Mutual Mortgage Insurance Fund and Distributive Shares
§ 203.424 Maximum amount of distributive shares.
