Sec. 11. MONTHLY INSTALLMENT PAYMENT FOR PREMIUMS

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## SEC. 11 MONTHLY INSTALLMENT PAYMENT FOR PREMIUMS ###

(a)In General Subsection

(g)of section 1308 of the National Flood Insurance Act of 1968 (42 U.S.C. 4015(g)) is amended by striking “either annually or in more frequent installments” and inserting “annually or monthly”. ###

(b)Implementation **[**[42 U.S.C. 4015 note](/us/usc/t42/s4015)**]** The Administrator shall implement the requirement under section 1308(g) of the National Flood Insurance Act of 1968, as amended by subsection (a), not later than the expiration of the 18-month period beginning on the date of the enactment of this Act.

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U.S. Code

Chargeable premium rates
§ 4015

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Sec. 11

MONTHLY INSTALLMENT PAYMENT FOR PREMIUMS

U.S.C.§ 4015

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