§ 103.43. What must the lender do after repayment in full?
52 words·~1 min read·
/us/cfr/t25/s§ 103.43·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The lender must completely and promptly release of record all remaining collateral for a guaranteed or insured loan after the loan has been paid in full. The release must be at the lender's sole cost. In addition, if the loan is prepaid the lender must notify BIA in accordance with § 103.33(f).