12-U.S.C.-1735E

12-U.S.C.-1735E

§1735E – Acceptance of Materials Or Products Used In Structures

Pathway

Title 12 > Chapter 13 > Subchapter V > Section 1735e

Details

  • Reference: Section 1735e
  • Legend: §1735E – Acceptance of Materials Or Products Used In Structures
  • USCode Year: 2013

Provision Content

The Secretary shall adopt a uniform procedure for the acceptance of materials and products to be used in structures approved for mortgages or loans insured under this chapter. Under such procedure any material or product which the Secretary finds is technically suitable for the use proposed shall be accepted. Acceptance of a material or product as technically suitable shall not be deemed to restrict the discretion of the Secretary to determine that a structure, with respect to which a mortgage is executed, is economically sound or an acceptable risk.

(June 27, 1934, ch. 847, title V, §521, as added Pub. L. 89–117, title II, §216, Aug. 10, 1965, 79 Stat. 473; amended Pub. L. 90–19, §1(a)(3), May 25, 1967, 81 Stat. 17.)

Amendments

1967—Pub. L. 90–19 substituted Secretary for Commissioner wherever appearing.

U.S. Encyclopedia of Law Coverage

12-U.S.C.-1731A in the Legal Encyclopedia: Banking Law

In this entry about 12-U.S.C.-1731A, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.

12-U.S.C.-1735C in the Legal Encyclopedia: Insurance

In this entry about 12-U.S.C.-1735C, find legal reference material, bibliographies and premiere content related to insurance in the American Encyclopedia of Law, presenting a comprehensive view of the United States insurance-specific issues, written by authorities in the field.

Part B – Reinsurance Coverage in the Legal Encyclopedia: Housing

In this entry about Part B – Reinsurance Coverage, find legal reference material, bibliographies and premiere content related to housing in the American Encyclopedia of Law, presenting a comprehensive view of the United States housing-specific issues, written by authorities in the field.

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