§ 200.156. Settlement of claims.
71 words·~1 min read·
/us/cfr/t24/s§ 200.156·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon the Secretary's approval of a claim, the claim will be settled by issuance of cash, debentures or both, and, in certain cases, by issuance of a certificate of claim. However, in the event a final claim is in a negative amount, the claim will be settled by the mortgagee's payment of cash or surrender of debentures at par plus accrued interest to the Secretary. \[61 FR 14404, Apr. 1, 1996\]