StacksVerified U.S. regulatory reference

38 CFR §36.4703

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The flood insurance requirement prescribed by 38 CFR 36.4702 does not apply with respect to:
  1. (a)Any State-owned property covered under a policy of self-insurance satisfactory to the Director of FEMA, who publishes and periodically revises the list of States falling within this exemption; or
  2. (b)Property securing any loan with an original principal balance of $5,000 or less and a repayment term of one year or less.