38 CFR 36.4378 - Debits and credits to insurance account under § 36.4320.

§ 36.4378 Debits and credits to insurance account under § 36.4320.

In the event that an insured loan is transferred under the provisions of § 36.4320, there shall be charged to the insurance account of the transferor a sum equal to the amount paid transferor on account of the indebtedness less the current market value of the property transferred as security therefor as determined by an appraiser designated by the Secretary, or the amount chargeable to such insurance account in the event of a transfer under § 36.4377, whichever sum is the greater. The credit to the insurance account of the transferee will be computed in accordance with § 36.4377(a).

(Authority: 38 U.S.C. 3703(c)(1))
[ 73 FR 6310, Feb. 1, 2008. Redesignated at 75 FR 33705, June 15, 2010, as amended at 80 FR 34319, June 16, 2015]

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United States Code
Public Laws

Title 38 published on 2015-12-03

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 38 CFR Part 36 after this date.

  • 2017-02-21; vol. 82 # 33 - Tuesday, February 21, 2017
    1. 82 FR 11153 - Veterans Benefits Administration; Loan Guaranty: Technical Corrections
      GPO FDSys XML | Text
      Final rule; correcting amendment.
      This correction is effective on February 21, 2017.
      38 CFR Part 36