[USC04] 12 USC 1734: Amendment, extension, or increase of commitment amounts
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12 USC 1734: Amendment, extension, or increase of commitment amounts Text contains those laws in effect on April 21, 2019
From Title 12-BANKS AND BANKINGCHAPTER 13-NATIONAL HOUSINGSUBCHAPTER V-MISCELLANEOUS

§1734. Amendment, extension, or increase of commitment amounts

At any time prior to final endorsement for insurance, the Secretary, in his discretion, may amend, extend, or increase the amount of any commitment, provided the mortgage, as finally endorsed for insurance is eligible for insurance under the provisions of this chapter and the rules and regulations thereunder, in effect at the time the original commitment to insure was issued.

(June 27, 1934, ch. 847, title V, §515 as added Oct. 25, 1949, ch. 729, §3, 63 Stat. 906 ; amended Pub. L. 90–19, §1(a)(3), May 25, 1967, 81 Stat. 17 ; Pub. L. 98–479, title II, §204(a)(20), Oct. 17, 1984, 98 Stat. 2232 .)

Amendments

1984-Pub. L. 98–479 struck out "; mortgage conditions" after "amounts" in section catchline.

1967-Pub. L. 90–19 substituted "Secretary" for "Commissioner".