12 U.S.C. · Banks and Banking
12 U.S.C. § 1734

Amendment, extension, or increase of commitment amounts

Ch. 13 — NATIONAL HOUSING
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 13
Statutory Text

12 U.S.C. § 1734 — Amendment, extension, or increase of commitment amounts

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 13 - NATIONAL HOUSING SUBCHAPTER V - MISCELLANEOUS Sec. 1734 - Amendment, extension, or increase of commitment amounts From the U.S. Government Publishing Office, www.gpo.gov

§1734. Amendment, extension, or increase of commitment amounts

At any time prior to final endorsement for insurance, the Secretary, in his discretion, may amend, extend, or increase the amount of any commitment, provided the mortgage, as finally endorsed for insurance is eligible for insurance under the provisions of this chapter and the rules and regulations thereunder, in effect at the time the original commitment to insure was issued.

(June 27, 1934, ch. 847, title V, §515 as added Oct. 25, 1949, ch. 729, §3, 63 Stat. 906; amended Pub. L. 90–19, §1(a)(3), May 25, 1967, 81 Stat. 17; Pub. L. 98–479, title II, §204(a)(20), Oct. 17, 1984, 98 Stat. 2232.)

Editorial Notes

Amendments 1984—Pub. L. 98–479 struck out "; mortgage conditions" after "amounts" in section catchline. 1967—Pub. L. 90–19 substituted "Secretary" for "Commissioner".

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 12 U.S.C. § 1734 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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