Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 7 - Agriculture |
Subtitle B - Regulations of the Department of Agriculture |
Chapter XXXV - Rural Housing Service, Department of Agriculture |
Part 3565 - Guaranteed Rural Rental Housing Program |
Subpart C - Lender Requirements |
§ 3565.110 - Insolvency of lender.
Latest version.
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§ 3565.110 Insolvency of lender.
The Agency may require a lender to transfer a guaranteed loan or loans to another approved lender prior to a determination of insolvency by the lender. If the lender fails to transfer a loan when required, the guarantee will be considered null and void.