Loans made by eligible lenders in accordance with this part shall be insurable by the Secretary whether made from funds fully owned by the lender or from funds held by the lender in a trust or similar capacity and available for such loans.
Pub. L. 89–329, title IV, § 426Pub. L. 99–498, title IV, § 402(a)100 Stat. 1361 (, as added , , .)
Editorial Notes
Prior Provisions
Pub. L. 89–329, title IV, § 42679 Stat. 1238 Pub. L. 94–482, title I, § 127(a)90 Stat. 2106 Pub. L. 96–374, title XIII, § 1391(a)(1)94 Stat. 1503 Pub. L. 99–498A prior section 1076, , , ; , , ; , , , related to insurability of loans made from funds owned by lender or held by lender in trust, prior to the general revision of this part by .