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24 C.F.R. § 1000.414 – How is an issuer's financial capacity demonstrated? | Midpage
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Code of Federal Regulations
Title 24
Chapter IX
Part 1000
Subpart E
§ 1000.414
24 C.F.R. § 1000.414
How is an issuer's financial capacity demonstrated?
An issuer must demonstrate its financial capacity to:
(a) Meet its obligations; and
(b) Protect and maintain the viability of housing developed or operated pursuant to the 1937 Act.