12 CFR 614.4920

§ 614.4920 Purpose and scope.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 614.4920, § 614.4920 Purpose and scope, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47794
Permanent ID: ys:prov:47794@1
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Full text

(a) Purpose. This subpart implements the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as amended (42 U.S.C. 4001-4129). (b) Scope. This subpart, except for §§ 614.4940 and 614.4950, applies to loans secured by buildings or mobile homes located or to be located in areas determined by the Administrator of the Federal Emergency Management Agency to have special flood hazards. Sections 614.4940 and 614.4950 apply to loans secured by buildings or mobile homes, regardless of location.

Legislative history

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