§ 203.319 - Pro rata payment of premiums and charges.

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§ 203.319 Pro rata payment of premiums and charges.

No contract of insurance shall be terminated until the mortgagee has paid to the Commissioner the pro rata portion of the current annual MIP or open-end insurance charge as set forth in this subpart.

[37 FR 8662, Apr. 29, 1972]

                    
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§ 203.319 - Pro rata payment of premiums and charges.

§ 203.319 Pro rata payment of premiums and charges.