24 C.F.R. § 203.462 Pro rata payment of premium before termination.
Title 24 - Housing and Urban Development
No contract of insurance shall be terminated until the lender has paid to the Commissioner the pro rata portion of the current annual insurance premium.
Title 24: Housing and Urban Development
PART 203—SINGLE FAMILY MORTGAGE INSURANCE
Subpart B—Contract Rights and Obligations
Rehabilitation Loans
§ 203.462 Pro rata payment of premium before termination.