Statutes, codes, and regulations
Code of Federal Regulations
Title 12 - BANKS AND BANKINGChapter XVIII - COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURYPart 1808 - COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS BOND GUARANTEE PROGRAM
Subpart F - TERMS AND CONDITIONS OF GUARANTEE
Section 1808.609 - Representations and warranties of Secondary Borrower

12 C.F.R. § 1808.609

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Current through November 30, 2024
Section 1808.609 - Representations and warranties of Secondary Borrower

Each Secondary Borrower shall make identical representations and warranties as the Eligible CDFI and shall make specific representations and warranties with respect to the collateral and the project that is proposed to be financed by the Secondary Loan, upon which the Eligible CDFI, the Qualified Issuer, the Bondholder, the Guarantor, and the CDFI Fund may rely. These representation and warranties shall be to the satisfaction of the Guarantor and the CDFI Fund.

12 C.F.R. § 1808.609