My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
1993-173
CBCC
>
Resolutions
>
1990'S
>
1993
>
1993-173
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/4/2020 11:46:58 AM
Creation date
8/4/2020 10:18:32 AM
Metadata
Fields
Template:
Resolutions
Resolution Number
93-173
Approved Date
10/05/1993
Subject
Opposing Senate Bill 1405 - National Flood Insurance
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
60
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
15 <br />1 the insurance the amount of insurance premiums, fees or <br />2 other charges owed. <br />3 "(2) If a Federal agency lender requires the <br />4 escrowing of taxes, insurance premiums, fees, or any other <br />5 charges, then any charges for flood insurance under this <br />6 title for the residential real estate or the manufactured <br />7 home shall be paid by the borrower to the Federal agency <br />8 lender. Upon receipt of a notice from the Director or the <br />9 provider of the insurance that insurance premiums, fees, <br />10 or other charges are due, the Federal agency lender shall <br />11 pay from the escrow account to the provider of the insur- <br />12 ante the amount of insurance premiums, fees or other <br />13 charges owed. <br />14 "(3) Escrow accounts used to collect flood insurance <br />15 premiums, fees, or other charges under this subsection <br />16 shall be subject to the provisions of section 10 of the Real <br />17 Estate Settlement Procedures Act of 1974.". <br />18 (b) APPLICABILm.—Section 102(d) of the Flood <br />19 Disaster Protection Act of 1973 (as added by subsection <br />20 (a)) shall apply with respect to any loan made, increased, <br />21 extended, or renewed after the expiration of the 1 -year pe - <br />22 riod beginning on -the date of enactment *of this Act. <br />23 sEc. sos. NoTICE BEQunumu N n. <br />24 Section 1364 of the National Flood Insurance Act of <br />II 25 1968 (42 U.S.C. 4104a) is amended to read as follows: <br />I: <br />as 1106 IS ` <br />L <br />
The URL can be used to link to this page
Your browser does not support the video tag.