38 C.F.R. § 36.4705 Required use of standard flood hazard determination form.
Title 38 - Pensions, Bonuses, and Veterans' Relief
(a) Use of form. The Secretary shall use the standard flood hazard determination form developed by the Director of FEMA (as set forth in appendix A of 44 CFR part 65) when determining whether the building or mobile home offered as collateral security for a loan is or will be located in a special flood hazard area in which flood insurance is available under the Act. The standard flood hazard determination form may be used in a printed, computerized, or electronic manner. (b) Retention of form. The Secretary shall retain a copy of the completed standard flood hazard determination form, in either hard copy or electronic form, for the period of time the Secretary owns the loan. (Authority: 42 U.S.C. 4104b) [62 FR 5533, Feb. 6, 1997]
Title 38: Pensions, Bonuses, and Veterans' Relief
PART 36—LOAN GUARANTY
Sale of Loans, Guarantee of Payment
§ 36.4705 Required use of standard flood hazard determination form.
