24 CFR 203.319

§ 203.319 Pro rata payment of premiums and charges.

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

Cite this

Citation: 24 CFR 203.319, § 203.319 Pro rata payment of premiums and charges, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99544
Permanent ID: ys:prov:99544@1
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Full text

No contract of insurance shall be terminated until the mortgagee has paid to the Commissioner the pro rata portion of the current annual MIP or open-end insurance charge as set forth in this subpart.

Legislative history

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