2018 US Code
Title 12 - Banks and Banking
Chapter 13 - National Housing
Subchapter V - Miscellaneous
Sec. 1735e - Acceptance of materials or products used in structures
| 12 U.S.C. § 1735e (2018) |
| §1735e. Acceptance of materials or products used in structures |
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The Secretary shall adopt a uniform procedure for the acceptance of materials and products to be used in structures approved for mortgages or loans insured under this chapter. Under such procedure any material or product which the Secretary finds is technically suitable for the use proposed shall be accepted. Acceptance of a material or product as technically suitable shall not be deemed to restrict the discretion of the Secretary to determine that a structure, with respect to which a mortgage is executed, is economically sound or an acceptable risk. |
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(June 27, 1934, ch. 847, title V, §521, as added Pub. L. 89–117, title II, §216, Aug. 10, 1965, 79 Stat. 473; amended Pub. L. 90–19, §1(a)(3), May 25, 1967, 81 Stat. 17.) |
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AMENDMENTS
1967—Pub. L. 90–19 substituted "Secretary" for "Commissioner" wherever appearing. |
| United States Code, 2018 Edition, Title 12 - BANKS AND BANKING |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 12 - BANKS AND BANKING CHAPTER 13 - NATIONAL HOUSING SUBCHAPTER V - MISCELLANEOUS Sec. 1735e - Acceptance of materials or products used in structures |
| section 1735e |
| 2018 |
| January 14, 2019 |
| No |
| standard |
| 79 Stat. 473 81 Stat. 17 |
| Public Law 89-117, Public Law 90-19 |
