§ 1715g. Insurance of mortgage where mortgagor is not occupant of property

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1934

   June 27, 1934, ch. 847, title II, § 216, as added Sept. 1, 1951, ch. 378, title VI, § 607, 65 Stat. 315 · 65 Stat. 315

   Enacted · 12 U.S.C. § 1715g

   June 27, 1934, ch. 847, title II, § 216, as added Sept. 1, 1951, ch. 378, title VI, § 607, 65 Stat. 315

   Source evidence

   Code source credit
   June 27, 1934, ch. 847, title II, § 216, as added Sept. 1, 1951, ch. 378, title VI, § 607, 65 Stat. 315

2. 1967

   Pub. L. 90–19 § 1(a)(3) · 81 Stat. 17

   Substituted · 12 U.S.C. § 1715g

   Pub. L. 90–19 substituted “Secretary” for “Commissioner” wherever appearing

   Source evidence

   Code amendment note
   Pub. L. 90–19 substituted “Secretary” for “Commissioner” wherever appearing.

   Enacted provision · exact public law section
   (1) by striking out “Federal Housing Administration” each place it appears and inserting in lieu thereof “Department of Housing and Urban Development”;

3. 1970

   Pub. L. 91–621 § 7(a) · 84 Stat. 1863

   Substituted · 12 U.S.C. § 1715g

   Pub. L. 91–621 substituted “on active duty in a uniformed service” and “release from active duty” for “into military service” and “discharge from military service”

   Source evidence

   Code amendment note
   Pub. L. 91–621 substituted “on active duty in a uniformed service” and “release from active duty” for “into military service” and “discharge from military service”.

   Enacted provision · exact public law section
   (a) Section 216 of title II of the National Housing Act, as 65 Stat. 315. 12 USC 1715g. amended, is amended to read as follows: “Sec. 216. “waiver of occupancy requirements for servicemen The Secretary is hereby authorized to insure any mortgage otherwise eligible for insurance under any of the provisions of this Act without regard to any requirement that the mortgagor be the occupant of the property at the time of insurance, where the Secretary is satisfied that the inability of the mortgagor to occupy the property is by reason of his entry on active duty in a uniformed service subsequent to the filing of ah application for insurance and the mortgagor expresses an intent to occupy the property upon his release from active duty.”

4. 1988

   Housing and Community Development Act of 1987

   Pub. L. 100–242 title IV § 406(b)(8) · 101 Stat. 1815

   1. Substituted · 12 U.S.C. § 1715g

      Pub. L. 100–242 substituted “with respect to the occupancy of the mortgagor” for “that the mortgagor be the occupant” wherever appearing

   2. Substituted · 12 U.S.C. § 1715g

      Pub. L. 100–242 substituted “meet such requirement” for “occupy the property” wherever appearing

   Source evidence

   Code amendment note
   Pub. L. 100–242 substituted “with respect to the occupancy of the mortgagor” for “that the mortgagor be the occupant” and “meet such requirement” for “occupy the property” wherever appearing.

   Enacted provision · exact public law section
   (8) Section 216 of the National Housing Act is amended— 12 USC 1715g. (A) by striking “that the mortgagor be the occupant” and inserting “with respect to the occupancy of the mortgagor”; and (B) by striking “occupy the property” each place it appears and inserting “meet such requirement”.

   Effective date note
   Amendment by Pub. L. 100–242 applicable only with respect to mortgages insured pursuant to conditional commitment issued on or after Feb. 5, 1988, or in accordance with direct endorsement program (24 CFR 200.163), if approved underwriter of mortgagee signs appraisal report for property on or after Feb. 5, 1988, see section 406(d) of Pub. L. 100–242, set out as a note under section 1709 of this title.

4 of 5 references resolved to an enrolled provision · 1 partial