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24 CFR 203.411

§ 203.411 Cash adjustment.

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

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24 CFR 203.411, § 203.411 Cash adjustment, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99602
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Full text

Any difference of less than $50 between the amount of debentures to be issued to the mortgagee and the total amount of the mortgagee's claim, as approved by the Commissioner, may be adjusted by the issuance of a check in payment thereof.

Legislative history

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