---
kind: "section"
citation: "24 C.F.R. § 203.266"
title: "24"
number: "203.266"
heading: "Period covered by periodic MIP."
url: "https://uscodex.org/cfr/24/203.266"
---

# §203.266. Period covered by periodic MIP.


The initial MIP shall cover the period beginning with the date of the issuance of a Mortgage Insurance Certificate and ending on the next anniversary of the beginning of amortization. Subsequent premium payments shall cover the twelve-month period preceding each subsequent anniversary date.


## 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]
