2016 US Code
Title 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

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Citation 15 U.S.C. § 3606 (2016)
Section Name §3606. Federal Housing Administration mortgage or loan insurance; expedition of application process and decision
Section Text

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.

Source Credit

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

Publication Title United States Code, 2012 Edition, Supplement 4, Title 15 - COMMERCE AND TRADE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 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
Contains section 3606
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large Reference 94 Stat. 1676
Public Law References Public Law 96-399
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