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Code · CFR · Title 24 — Housing and Urban Development · Part 401 — Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark-to-Market) · § 401.301

§ 401.301. Partnership arrangements.

46 words·~1 min read·/us/cfr/t24/s§ 401.301·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

If the PAE is in a partnership, the PRA must specify the following:
(a)The responsibilities of each partner regarding the Restructuring Plan;
(b)The resources each partner will provide to accomplish its designated responsibilities; and
(c)All compensation to each partner, whether direct or indirect.
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