Statutes, codes, and regulations
Virginia Administrative Code
Title 13 - HOUSINGAgency 10 - VIRGINIA HOUSING DEVELOPMENT AUTHORITYChapter 150 - RULES AND REGULATIONS FOR THE VIRGINIA SENIOR HOME EQUITY ACCOUNT PROGRAM
Part VI - Application and Processing
Section 13VAC10-150-240 - Right to terminate program

13 Va. Admin. Code § 10-150-240

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Current through Register Vol. 41, No. 10, December 30, 2024
Section 13VAC10-150-240 - Right to terminate program

Home equity accounts may be financed pursuant to these rules and regulations only if and to the extent that the authority has made or expects to make funds available therefor. Notwithstanding anything to the contrary herein, the authority shall have the right, at any time, to discontinue accepting new applications for home equity accounts. Such discontinuance shall not, however, affect the terms and conditions of any then existing home equity account.

13 Va. Admin. Code § 10-150-240

Derived from VR400-02-0015 § 6.5, eff. July 19, 1988; amended, Virginia Register Volume 5, Issue 6, eff. November 21, 1988; Volume 5, Issue 21, eff. July 1, 1989.

Statutory Authority

§ 36-55.30:3 of the Code of Virginia.