1. Regulations
  2. title 24
  3. chapter II
  4. part 241
  5. subpart E
  6. § 241.1070

View all text of Subpart E [§ 241.1000 - § 241.1120]

§ 241.1070 - Agreed interest rate.

The equity or acquisition loan shall bear interest at the rate agreed upon by the borrower and the lender.

AUTHORITY: 12 U.S.C. 1715b, 1715z-6, and 1735d; 42 U.S.C. 3535(d).

SOURCE: 36 FR 24653, Dec. 22, 1971, unless otherwise noted.

CITE AS: 24 CFR 241.1070