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24 CFR 241.1230

§ 241.1230 No vested right in fund.

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

Banking, Finance & Insurance
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24 CFR 241.1230, § 241.1230 No vested right in fund, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100172
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Full text

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

Legislative history

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