1. Regulations
  2. title 24
  3. chapter II
  4. part 241
  5. subpart F
  6. § 241.1230

View all text of Subpart F [§ 241.1200 - § 241.1250]

§ 241.1230 - No vested right in fund.

Neither the lender nor the borrower shall have any vested or other right in the insurance fund under which the loan is insured.

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 241.1230