2011 US Code
Title 12 - Banks and Banking
Chapter 49 - HOMEOWNERS PROTECTION (§§ 4901 - 4910)
Section 4910 - Construction
View MetadataPublication Title | United States Code, 2006 Edition, Supplement 5, Title 12 - BANKS AND BANKING |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 12 - BANKS AND BANKING CHAPTER 49 - HOMEOWNERS PROTECTION Sec. 4910 - Construction |
Contains | section 4910 |
Date | 2011 |
Laws in Effect as of Date | January 3, 2012 |
Positive Law | No |
Disposition | standard |
Source Credit | Pub. L. 105-216, §11, July 29, 1998, 112 Stat. 908. |
Statutes at Large Reference | 112 Stat. 908 |
Public Law Reference | Public Law 105-216 |
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Nothing in this chapter shall be construed to impose any requirement for private mortgage insurance in connection with a residential mortgage transaction.
(b) No preclusion of cancellation or termination agreementsNothing in this chapter shall be construed to preclude cancellation or termination, by agreement between a mortgagor and the holder of the mortgage, of a requirement for private mortgage insurance in connection with a residential mortgage transaction before the cancellation or termination date established by this chapter for the mortgage.
(Pub. L. 105–216, §11, July 29, 1998, 112 Stat. 908.)
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