42 U.S.C. § 2366
Conditions of indemnity; purchase of property by Commission
United States · Title 42 — THE PUBLIC HEALTH AND WELFARE · Status: effective
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- Citation
- 42 U.S.C. § 2366, Conditions of indemnity; purchase of property by Commission, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/478709
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Full text
The Commission shall make the indemnity payment specified by section 2365 of this title only if the Commission receives a notice from the then owner of the property that he is about to sell the property for a sum less than the unpaid balance of the real or hypothetical loan calculated pursuant to such section. Such payment shall be made only if—
Legislative history
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