26 CFR 1.312-12
§ 1.312-12 Distributions of proceeds of loans guaranteed by the United States.
United States · 26 CFR — Internal Revenue · Status: effective
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- Citation
- 26 CFR 1.312-12, § 1.312-12 Distributions of proceeds of loans guaranteed by the United States, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/109602
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Full text
(a) The provisions of section 312(j) are applicable with respect to a loan, any portion of which is guaranteed by an agency of the United States Government without regard to the percentage of such loan subject to such guarantee.
(b) The application of section 312(j) is illustrated by the following example:
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.