---
kind: "section"
citation: "24 C.F.R. § 203.464"
title: "24"
number: "203.464"
heading: "Effect of termination."
url: "https://uscodex.org/cfr/24/203.464"
---

# §203.464. Effect of termination.


Upon termination of the contract of insurance, the obligation to pay any subsequent insurance premium shall cease and all rights of the borrower and lender shall be terminated.


## Notes

### 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.