§203.259. Method of payment of MIP.
24 C.F.R. § 203.259
The payment of any MIP under this subpart shall be made to the Commissioner by the mortgagee either in cash or debentures at par plus accrued interest.
Notes, amendments, and revision history
Amendments
[48 FR 28805, June 23, 1983]
Authority
Authority: 12 U.S.C. 1707, 1709, 1710, 1715b, 1715z-16, 1715u, and 1715z-21; 15 U.S.C. 1639c; 42 U.S.C. 3535(d).
Source
Source: 36 FR 24508, Dec. 22, 1971, unless otherwise noted.
Amendments
[48 FR 28805, June 23, 1983]