24 CFR 266.130
§ 266.130 Reinsurance.
United States · 24 CFR — Housing and Urban Development · Status: effective
Cite this
- Citation
- 24 CFR 266.130, § 266.130 Reinsurance, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100438
- Permanent ID
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Full text
Reinsurance will be permitted for the portion of the HFA risk, subject to the following requirements:
(a) Neither HUD's nor the HFA's position shall be subordinated;
(b) The reinsurance may not be used to reduce any reserve or fund balance requirements; and
(c) Such reinsurance does not incur an obligation to the Federal Government.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.