24 C.F.R. § 203.493

Current through October 31, 2024
Section 203.493 - Declaration of trust

A sale of a beneficial interest in a group of insured loans, where the interest to be acquired is related to all of the loans as an entirety, rather than an interest in a specific loan, shall be made only pursuant to a declaration of trust, which has been approved by the Commissioner prior to any such sale.

24 C.F.R. §203.493