24 C.F.R. § 213.277 Right and liability under the Cooperative Management Housing Insurance Fund.
Title 24 - Housing and Urban Development
No mortgagor or mortgagee shall have any vested right in a credit balance in either the General Surplus Account or the Participating Reserve Account. No mortgagor or mortgagee shall be subject to any liability arising under the mutuality of the Cooperative Management Housing Insurance Fund.
Title 24: Housing and Urban Development
PART 213—COOPERATIVE HOUSING MORTGAGE INSURANCE
Subpart B—Contract Rights and Obligations—Projects
Cooperative Management Housing Insurance and Distributive Shares
§ 213.277 Right and liability under the Cooperative Management Housing Insurance Fund.
