25 C.F.R. · Indians
25 C.F.R. § 103.19

When must the lender pay BIA the loan guaranty or insurance premium?

Title 25 C.F.R. ● ACTIVE Primary Source
Regulatory Text

25 C.F.R. § 103.19 — When must the lender pay BIA the loan guaranty or insurance premium?

§ 103.19 When must the lender pay BIA the loan guaranty or insurance premium? The premium is due within 30 calendar days of the loan closing. If not paid on time, BIA will send the lender written notice by certified mail (return receipt requested), or by a nationally-recognized overnight delivery service (signature of recipient required), stating that the premium is due immediately. If the lender fails to make the premium payment within 30 calendar days of the date of BIA's notice, BIA's guaranty certificate or insurance coverage with respect to that particular loan is void, without further action.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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Federation ID
BS-CFR25-SEC-9356AA
Entity Class
REGULATION / FEDERAL-CFR-SECTION
Domain Signature
boisestandard.org
Citation
25 C.F.R. § 103.19
Corpus
CFR — Code of Federal Regulations
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
ec9b4201f66b5814...
Semantic Edges
Pending — corpus passes queued
The regulatory text of 25 C.F.R. § 103.19 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 25 25 C.F.R. § 103.19