15 U.S.C. · Commerce and Trade
15 U.S.C. § 3602

Conversion lending

Ch. 62 — CONDOMINIUM AND COOPERATIVE CONVERSION PROTECTION AND ABUSE RELIEF
Title 15 U.S.C. ● ACTIVE Primary Source Ch. 62
Statutory Text

15 U.S.C. § 3602 — Conversion lending

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 62 - CONDOMINIUM AND COOPERATIVE CONVERSION PROTECTION AND ABUSE RELIEF Sec. 3602 - Conversion lending From the U.S. Government Publishing Office, www.gpo.gov

§3602. Conversion lending

It is the sense of the Congress that lending by federally insured lending institutions for the conversion of rental housing to condominiums and cooperative housing should be discouraged where there are adverse impacts on housing opportunities of the low- and moderate-income and elderly and handicapped tenants involved.

(Pub. L. 96–399, title VI, §603, Oct. 8, 1980, 94 Stat. 1673.)

Source: uscode.house.gov — public domain Official Source ↗
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15 U.S.C. § 3602
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Federal — United States
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The statutory text of 15 U.S.C. § 3602 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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