§ 25.15. Retroactive application of Board regulations.
79 words·~1 min read·
/us/cfr/t24/s§ 25.15·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Limitations on participation in HUD mortgage insurance programs proposed or imposed prior to August 12, 1992, under an ancillary procedure shall not be affected by this part. This part shall apply to sanctions initiated after the effective date of the Department of Housing and Urban Development Reform Act of 1989 (December 15, 1989) regardless of the date of the cause giving rise to the sanction. \[57 FR 31051, July 13, 1992. Redesignated at 61 FR 685, Jan. 9, 1996\]