24 CFR 320.29

§ 320.29 Guaranty.

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

Cite this

Citation: 24 CFR 320.29, § 320.29 Guaranty, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100627
Permanent ID: ys:prov:100627@1
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Full text

With respect to bond-type securities, the Association will guarantee the timely payment of principal of and interest on such securities, subject to the terms and conditions of the securities. The Association's guaranty is backed by the full faith and credit of the United States.

Legislative history

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