§ 36.4705. Required use of standard flood hazard determination form.

127 words·~1 min read·/us/cfr/t38/s§ 36.4705·

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(a)Use of form. The Secretary shall use the standard flood hazard determination form developed by the Director of FEMA (as set forth in appendix A of 44 CFR part 65) when determining whether the building or mobile home offered as collateral security for a loan is or will be located in a special flood hazard area in which flood insurance is available under the Act. The standard flood hazard determination form may be used in a printed, computerized, or electronic manner.

(b)Retention of form. The Secretary shall retain a copy of the completed standard flood hazard determination form, in either hard copy or electronic form, for the period of time the Secretary owns the loan. (Authority: 42 U.S.C. 4104b) \[62 FR 5533, Feb. 6, 1997\]

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U.S. Code

Standard hazard determination forms
§ 4104b

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44 CFR 65

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§ 36.4705

Required use of standard flood hazard determination form.

U.S.C.§ 4104b

Cite44 CFR 65

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