§ 241.1250. Effect of endorsement.
55 words·~1 min read·
/us/cfr/t24/s§ 241.1250·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
From the date that the equity or acquisition loan is endorsed, the Commissioner and the lender shall be bound by the provisions of subpart F of this part to the same extent as if they had executed a contract including the provisions of subpart F of this part and the applicable sections of the Act.