1. LawStack
  2. Title 24 - Housing and Urban Development
  3. Subtitle B - REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENT
  4. Chapter II - OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
  5. Subchapter B - MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES
  6. Part 213 - COOPERATIVE HOUSING MORTGAGE INSURANCE
  7. Subpart B - Contract Rights and Obligations—Projects
  8. Topic - Cooperative Management Housing Insurance and Distributive Shares
  9. 24 CFR § 213.279
24 CFR § 213.279
Maximum amount of distributive share
February 22, 2021
CFR

In no event shall a distributive share of the Participating Reserve Account exceed the aggregate paid scheduled annual premiums of the mortgagor paid to the year of termination of the insurance or to the year of payment of the share, if paid prior to termination.

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§ 213.278 Distribution of distributive share
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§ 213.280 Finality of determination

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