24 CFR 213.276
§ 213.276 Allocation of Cooperative Management Housing Insurance Fund income or losses.
United States · 24 CFR — Housing and Urban Development · Status: effective
Cite this
- Citation
- 24 CFR 213.276, § 213.276 Allocation of Cooperative Management Housing Insurance Fund income or losses, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99842
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Full text
For any semiannual period in which Cooperative Management Housing Insurance Fund operations shall result in a net income, or loss, the Commissioner shall allocate such net income or such loss to the General Surplus Account, to the Participating Reserve Account, or to both, as he may determine to be in accordance with sound actuarial and accounting practice. In determining net income or loss, the Commissioner shall take into consideration all income received from fees, premiums, and earnings on investments of the Fund, operating expenses, and provision for losses of the Fund.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.