24 CFR 203.463
§ 203.463 Notice and date of termination by Commissioner.
United States · 24 CFR — Housing and Urban Development · Status: effective
Cite this
- Citation
- 24 CFR 203.463, § 203.463 Notice and date of termination by Commissioner, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99636
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Full text
The Commissioner shall notify the lender that the contract of insurance has been terminated and the effective termination. The termination date shall be the last day of the month in which:
(a) The loan was prepaid; or
(b) A voluntary termination request is received by the Commissioner, or
(c) The contract of insurance is otherwise terminated with the consent of the Commissioner.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.