§ 1735f-13. — Prohibition of requirement of minimum principal loan amount.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC1735f-13]
TITLE 12--BANKS AND BANKING
CHAPTER 13--NATIONAL HOUSING
SUBCHAPTER V--MISCELLANEOUS
Sec. 1735f-13. Prohibition of requirement of minimum principal
loan amount
A mortgagee or lender may not require, as a condition of providing a
loan insured under this chapter or secured by a mortgage insured under
this chapter, that the principal amount of the loan exceed a minimum
amount established by the mortgagee or lender.
(June 27, 1934, ch. 847, title V, Sec. 535, as added Pub. L. 100-242,
title IV, Sec. 419(a), Feb. 5, 1988, 101 Stat. 1913.)
Section Referred to in Other Sections
This section is referred to in section 1735f-17 of this title.
