---
kind: "section"
citation: "24 C.F.R. § 232.550"
title: "24"
number: "232.550"
heading: "Accumulation of next premium."
url: "https://uscodex.org/cfr/24/232.550"
---

# §232.550. Accumulation of next premium.


The security instrument shall provide for payments by the borrower to the lender on each interest payment date of an amount sufficient to accumulate in the hands of the lender one payment period prior to its due date the next annual insurance premium payable by the lender to the Commissioner.


## Notes

### Source

Source: 39 FR 28966, Aug. 12, 1974, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 1715b, 1715w, 1735d, and 1735f-19; 42 U.S.C. 3535(d).

### Source

Source: 36 FR 24618, Dec. 22, 1971, unless otherwise noted.