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12 U.S.C. § 1749aaa — Acceptance of materials or products used in structures
Federal law — U.S. Code and appendices · legal_authorities
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.
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Source location: Title 12, Chapter 13, § 1749aaa; chapter-013-national-housing.md
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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.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Specific securities exempted** The provisions of this subchapter shall not apply to any of the following securities:
(1) any security other than (A) a note, bond, debenture, or evidence of indebtedness, whether or not secured, or (B) a certificate of interest or participation in any such note, bond, debenture, or evidence of indebtedness, or (C) a temporary certificate for, or guarantee of, any such note, bond, debenture, evidence of indebtedness, or certificate;
(2) any certificate of interest or participation in two or more securities having substantially different rights and privileges, or a temporary certificate for any such certificate;
(3) Repealed. Pub. L. 101–550, title IV, § 403(1)(A), Nov. 15, 1990, 104 Stat. 2722.
(4)
(A) any security exempted from the provisions of the Securities Act of 1933 [[15 U.S.C. 77a](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section77a&num=0&edition=prelim) et seq.] by paragraphs (2) to (8), (11), or (13) of section 3(a) thereof [[15 U.S.C. 77c(a)](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section77c/a&num=0&edition=prelim)];
(B) any security exempted from the provisions of the Securities Act of 1933, as amended [[15 U.S.C. 77a](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section77a&num=0&edition=prelim) et seq.], by paragraph (2) of subsection 3(a) thereof, as amended by section 401 of the Employment Security Amendments of 1970 [[15 U.S.C. 77c(a)(2)](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section77c/a/2&num=0&edition=prelim)];
(5) any security issued under a mortgage indenture as to which a contract of insurance under the National Housing Act [[12 U.S.C. 1701](https://uscode.house.gov/view.xhtml?req=granuleid
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Federal law — U.S. Code and appendices · legal_authorities
Page 840
TITLE 12—BANKS AND BANKING
§ 1749aaa
1 See References in Text note below.
89–117, title II, § 201(a), 79 Stat. 463; renumbered § 1005
and amended Nov. 3, 1966, Pub. L. 89–754, title IV,
§§ 401(a), 403, 80 Stat. 1271, 1272; May 25, 1967, Pub. L.
90–19, § 1(a)(3), 81 Stat. 17, directed adoption of require-
ments to encourage homebuilding industry and proper
balance of housing for moderate and low income fami-
lies.
Section 1749ee, act June 27, 1934, ch. 847, title X, § 1006,
formerly § 1005, as added Aug. 10, 1965, Pub. L. 89–117,
title II, § 201(a), 79 Stat. 463; renumbered § 1006 and
amended Nov. 3, 1966, Pub. L. 89–754, title IV, §§ 401(a),
404, 80 Stat. 1271, 1272, related to service of land by pub-
lic water and sewerage systems after development.
Section 1749ff, act June 27, 1934, ch. 847, title X, § 1007,
formerly § 1006, as added Aug. 10, 1965, Pub. L. 89–117,
title II, § 201(a), 79 Stat. 464; renumbered § 1007, Nov. 3,
1966, Pub. L. 89–754, title IV, § 401(a), 80 Stat. 1271;
amended May 25, 1967, Pub. L. 90–19, § 1(a)(3), 81 Stat. 17,
related to release or subordination of mortgaged prop-
erty.
Section 1749gg, act June 27, 1934, ch. 847, title X,
§ 1008, formerly § 1007, as added Aug. 10, 1965, Pub. L.
89–117, title II, § 201(a), 79 Stat. 464; renumbered § 1008,
Nov. 3, 1966, Pub. L. 89–754, title IV, § 401(a), 80 Stat.
1271; amended May 25, 1967, Pub. L. 90–19, § 1(a)(3), 81
Stat. 17, related to premium rates and other charges for
mortgage insurance and report to Congress thereon.
Section 1749hh, act June 27, 1934, ch. 847, title X,
§ 1009, formerly § 1008, as added Aug. 10, 1965, Pub. L.
89–117, title II, § 201(a), 79 Stat. 464; renumbered § 1009,
Nov. 3, 1966, Pub. L. 89–754, title IV, § 401(a), 80 Stat.
1271; amended May
Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 1749aaa
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