§ 1734. — Amendment, extension, or increase of commitment amounts.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC1734]
TITLE 12--BANKS AND BANKING
CHAPTER 13--NATIONAL HOUSING
SUBCHAPTER V--MISCELLANEOUS
Sec. 1734. Amendment, extension, or increase of commitment
amounts
At any time prior to final endorsement for insurance, the Secretary,
in his discretion, may amend, extend, or increase the amount of any
commitment, provided the mortgage, as finally endorsed for insurance is
eligible for insurance under the provisions of this chapter and the
rules and regulations thereunder, in effect at the time the original
commitment to insure was issued.
(June 27, 1934, ch. 847, title V, Sec. 515 as added Oct. 25, 1949, ch.
729, Sec. 3, 63 Stat. 906; amended Pub. L. 90-19, Sec. 1(a)(3), May 25,
1967, 81 Stat. 17; Pub. L. 98-479, title II, Sec. 204(a)(20), Oct. 17,
1984, 98 Stat. 2232.)
Amendments
1984--Pub. L. 98-479 struck out ``; mortgage conditions'' after
``amounts'' in section catchline.
1967--Pub. L. 90-19 substituted ``Secretary'' for ``Commissioner''.
