There Is a Newer Version
of
the U.S. Code
2012 U.S. Code
Title 15 - Commerce and Trade
Chapter 62 - CONDOMINIUM AND COOPERATIVE CONVERSION PROTECTION AND ABUSE RELIEF (§§ 3601 - 3616)
Section 3602 - Conversion lending
CONDOMINIUM AND COOPERATIVE CONVERSION PROTECTION AND ABUSE RELIEF - 15 U.S.C. § 3602 (2012)
§3602. Conversion lending
It is the sense of the Congress that lending by federally insured lending institutions for the conversion of rental housing to condominiums and cooperative housing should be discouraged where there are adverse impacts on housing opportunities of the low- and moderate-income and elderly and handicapped tenants involved.
(Pub. L. 96–399, title VI, §603, Oct. 8, 1980, 94 Stat. 1673.)
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