§73.4. Restoration of flood insurance coverage.
44 C.F.R. § 73.4
Insurance availability shall be restored to a property upon a finding by the Federal Insurance Administrator of a valid rescission of a declaration of a violation.
A valid rescission shall be submitted to the Federal Insurance Administrator and shall consist of:
The name of the property owner(s) and an address or legal description of the property sufficient to identify the property and to enable FEMA to identify the previous declaration;
A clear and unequivocal statement by an authorized public body rescinding the declaration and giving the reason(s) for the rescission;
A description of and supporting documentation for the measures taken in lieu of denial of insurance in order to bring the structure into compliance with the local flood plain management regulations; and
A clear statement that the public body rescinding the declaration has the authority to do so and a citation to that authority.
Notes, amendments, and revision history
Authority
Authority: 42 U.S.C. 4001 et seq.; Reorganization Plan No. 3 of 1978; E.O. 12127.
Source
Source: 51 FR 30318, Aug. 25, 1986, unless otherwise noted.