§ 1005.201. Lender Applicant approval and participation.
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/us/cfr/t24/s§ 1005.201·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Approval types. The Section 184 Program has two types of Lender Applicant approvals:
(1)Lender Applicants deemed approved by statute, as described in § 1005.203; or
(2)Lender Applicants required to obtain secretarial approval under § 1005.205.
(b)Lender Applicant participation. In accordance with § 1005.207, Lender Applicants must select a level of program participation and submit a completed application package, as prescribed by Section 184 Program Guidance, to participate in the Section 184 Program.