2015 US Code
Title 15 - Commerce and Trade (Sections 1 - 8405)
Chapter 62 - Condominium and Cooperative Conversion Protection and Abuse Relief (Sections 3601 - 3616)
Sec. 3606 - Federal Housing Administration mortgage or loan insurance; expedition of application process and decision

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Metadata

Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 15 - COMMERCE AND TRADE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 15 - COMMERCE AND TRADE
CHAPTER 62 - CONDOMINIUM AND COOPERATIVE CONVERSION PROTECTION AND ABUSE RELIEF
Sec. 3606 - Federal Housing Administration mortgage or loan insurance; expedition of application process and decision
Containssection 3606
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawNo
Dispositionstandard
Source CreditPub. L. 96-399, title VI, §607, Oct. 8, 1980, 94 Stat. 1676.
Statutes at Large Reference94 Stat. 1676
Public and Private LawPublic Law 96-399

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15 U.S.C. § 3606 (2015)

§3606. Federal Housing Administration mortgage or loan insurance; expedition of application process and decision

Where an application for mortgage or loan insurance in connection with a conversion or purchase of a rental housing project being undertaken by a tenants' organization is submitted, the Secretary of Housing and Urban Development shall expedite the processing of the application in every way and shall make a final decision on such application at the earliest practicable time.

(Pub. L. 96–399, title VI, §607, Oct. 8, 1980, 94 Stat. 1676.)

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