13 Va. Admin. Code § 10-190-190

Current through Register Vol. 41, No. 9, December 16, 2024
Section 13VAC10-190-190 - Issuance of an MCC

The closing of the loan shall be consummated in accordance with the terms of the commitment. Upon receipt of such forms, documents, information, and fees as the executive director may require upon closing, the authority shall issue an MCC to the applicant. The MCC shall specify the certificate credit rate and the certified indebtedness amount and shall otherwise satisfy the requirements of 26 CFR 1.25-6 T.

13 Va. Admin. Code § 10-190-190

Derived From Virginia Register Volume 31, Issue 09, eff. 1/1/2015.

Statutory Authority: § 36-55.30:3 of the Code of Virginia.