§ 1747k. Rules and regulations
326 words·~1 min read·
/usc/title-12/section-1747kA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Secretary may make such rules and regulations as may be necessary or desirable to carry out the provisions of this subchapter, including, without limiting the foregoing, rules and regulations relating to the maintenance by the investor of books, records, and accounts with respect to the project and the examination of such books, records, and accounts by representatives of the Secretary; the submission of financial and operating statements and the approval thereof; the submission of claims for payments under insurance contracts, the proof of the validity of such claims, and the payment or disallowance thereof; the increase of the established investment if the investor shall make capital improvements or additions to the project; the decrease of the established investment if the investor shall sell part of the project; and the reduction of the outstanding investment for the appropriate operating year or operating years pending the restoration of dwelling or nondwelling facilities damaged by fire or other casualty.
With respect to any investor which is subject to supervision or regulation by a State banking, insurance, or other State department or agency, the Secretary may, in carrying out any of his supervisory and regulatory functions with respect to projects insured under this subchapter, utilize, contract with, and act through, such department or agency and without regard to section 6101 of title 41.
(June 27, 1934, ch. 847, title VII, § 712, as added Aug. 10, 1948, ch. 832, title IV, § 401, 62 Stat. 1281; amended Apr. 20, 1950, ch. 94, title I, § 122, 64 Stat. 59; Pub. L. 90–19, § 1(a)(3), May 25, 1967, 81 Stat. 17.)
Connectionstraces to 1
Traces to 1 document
10 references not yet in our index
- June 27, 1934, ch. 847
- Aug. 10, 1948, ch. 832
- 62 Stat. 1281
- Apr. 20, 1950, ch. 94
- 64 Stat. 59
- Pub. L. 90–19, § 1(a)(3)
- 81 Stat. 17
- Pub. L. 111–350, § 6(c)
- 124 Stat. 3854
- Pub. L. 90–19
Citation graph
cites case law
§ 1747k
Rules and regulations
ActJune 27, 1934, ch. 847
ActAug. 10, 1948, ch. 832
Stat.62 Stat. 1281
ActApr. 20, 1950, ch. 94
Stat.64 Stat. 59
Cites 11 · showing 6Cited by 0 across 0 sources