---
kind: "section"
citation: "24 C.F.R. § 241.1068"
title: "24"
number: "241.1068"
heading: "Renegotiation of an equity loan."
url: "https://uscodex.org/cfr/24/241.1068"
---

# §241.1068. Renegotiation of an equity loan.


The Commissioner shall renegotiate and modify the terms of an equity loan insured under this subpart at the request of the owner of the project for which a loan closing occurred if—

- (a) The loan closing occurred between September 28, 1992 and January 26, 1993;
- (b) The loan was made pursuant to a plan of action submitted under [subpart C of part 248](/cfr/24/part248-subpartC.md) of this chapter; and
- (c) **The plan of action was accepted by the Commissioner for processing in December 1991.**

## Notes

### Amendments

[58 FR 37814, July 13, 1993]

### Source

Source: 57 FR 12037, Apr. 8, 1992, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 1715b, 1715z-6, and 1735d; 42 U.S.C. 3535(d).

### Source

Source: 36 FR 24653, Dec. 22, 1971, unless otherwise noted.

### Amendments

[58 FR 37814, July 13, 1993]