Sec. 364. applicability
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/statute-compilations/comps-10576/sec-364A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## Sec. 364 applicability **[**[12 U.S.C. 3703](/us/usc/t12/s3703)**]** Multifamily mortgages held by the Secretary encumbering real estate located in any State may be foreclosed by the Secretary in accordance with this part, or pursuant to other foreclosure procedures available, at the option of the Secretary. If the Secretary forecloses on any such mortgage pursuant to such other foreclosure procedures available, the provisions of section 367(b) may be applied at the discretion of the Secretary.
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U.S. Code