24 CFR 241.800

§ 241.800 Definitions.

United States · 24 CFR — Housing and Urban Development · Status: effective

Cite this

Citation: 24 CFR 241.800, § 241.800 Definitions, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100120
Permanent ID: ys:prov:100120@1
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Full text

All of the definitions contained in § 241.500 shall apply to this subpart. In addition, as used in this subpart, the following terms shall have the meaning indicated: (a) Contract of insurance means the agreement evidenced by the endorsement of the Commissioner upon the note given in connection with an insured loan and includes the provisions of this subpart and the applicable provisions of the Act. (b) Maturity means the date on which the loan indebtedness would be extinguished if paid in accordance with periodic payments provided for in the loan.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.