§25.15. Retroactive application of Board regulations.
24 C.F.R. § 25.15
Limitations on participation in HUD mortgage insurance programs proposed or imposed prior to August 12, 1992, under an ancillary procedure shall not be affected by this part. This part shall apply to sanctions initiated after the effective date of the Department of Housing and Urban Development Reform Act of 1989 (December 15, 1989) regardless of the date of the cause giving rise to the sanction.
Notes, amendments, and revision history
Amendments
[57 FR 31051, July 13, 1992. Redesignated at 61 FR 685, Jan. 9, 1996]
Authority
Authority: 12 U.S.C. 1708(c), 1708(d), 1709(s), 1715b and 1735(f)-14; 42 U.S.C. 3535(d).
Source
Source: 57 FR 31051, July 13, 1992, unless otherwise noted.
Amendments
[57 FR 31051, July 13, 1992. Redesignated at 61 FR 685, Jan. 9, 1996]