12 U.S.C. § 3703
Applicability
United States · Title 12 — BANKS AND BANKING · Status: effective
Cite this
- Citation
- 12 U.S.C. § 3703, Applicability, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438568
- Permanent ID
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Full text
Multifamily mortgages held by the Secretary encumbering real estate located in any State may be foreclosed by the Secretary in accordance with this chapter, or pursuant to other foreclosure procedures available, at the option of the Secretary. If the Secretary forecloses on any such mortgage pursuant to such other foreclosure procedures available, the provisions of section 3706(b) of this title may be applied at the discretion of the Secretary.
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- Omnibus Budget Reconciliation Act of 1981House: no recorded tallySenate: no recorded tally
- Supplemental Appropriations Act, 1984House: no recorded tallySenate: no recorded tally