[Code of Federal Regulations]

[Title 24, Volume 4]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR1007.60]



[Page 829]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

CHAPTER IX--OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, 

               DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 1007_SECTION 184A LOAN GUARANTEES FOR NATIVE HAWAIIAN HOUSING

--Table of Contents

 

Sec.  1007.60  Liability under guarantee.



    The liability under a guarantee provided under this section shall 

decrease or increase on a pro rata basis according to any decrease or 

increase in the amount of the unpaid obligation under the provisions of 

the loan agreement involved.