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24 CFR 241.1250

§ 241.1250 Effect of endorsement.

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

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24 CFR 241.1250, § 241.1250 Effect of endorsement, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100175
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Full text

From the date that the equity or acquisition loan is endorsed, the Commissioner and the lender shall be bound by the provisions of subpart F of this part to the same extent as if they had executed a contract including the provisions of subpart F of this part and the applicable sections of the Act.

Legislative history

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