---
kind: "section"
citation: "24 C.F.R. § 203.259"
title: "24"
number: "203.259"
heading: "Method of payment of MIP."
url: "https://uscodex.org/cfr/24/203.259"
---

# §203.259. Method of payment of MIP.


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

[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]