StacksVerified U.S. regulatory reference

24 CFR §213.277

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
No mortgagor or mortgagee shall have any vested right in a credit balance in either the General Surplus Account or the Participating Reserve Account. No mortgagor or mortgagee shall be subject to any liability arising under the mutuality of the Cooperative Management Housing Insurance Fund.