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U.S. Code, Title 12, Banks and Banking
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General SummaryThe U.S. Code is a consolidation and codification by subject matter of the general and permanent laws of the United States. While every effort has been made to ensure that this reproduction of the Code is accurate, those using it for legal purposes should verify their results against the printed version of the Code available through the Government Printing Office.
§ 3703. Applicability
Multifamily mortgages held by the Secretary encumbering real estate located in any State may be foreclosed by the Secretary in accordance with this chapter, or pursuant to other foreclosure procedures available, at the option of the Secretary. If the Secretary forecloses on any such mortgage pursuant to such other foreclosure procedures available, the provisions of section 3706(b) of this title may be applied at the discretion of the Secretary.
(Pub. L. 97–35, title III, § 364, Aug. 13, 1981, 95 Stat. 423; Pub. L. 98–181, title IV, § 471, Nov. 30, 1983, 97 Stat. 1237.)
1983—Pub. L. 98–181 inserted provision relating to application of section 3706(b) of this title in event of foreclosure under other foreclosure procedures.
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Chicago: "U.S. Congress, Office of the Law Revision Counsel", "§ 3703. Applicability," U.S. Code, Title 12, Banks and Banking in U.S. Code, Title 12, Banks and Banking (Washington, D.C.: Government Printing Office, 2002), Original Sources, accessed March 19, 2025, http://www.originalsources.com/Document.aspx?DocID=3ZR26XYL1RAF4R2.
MLA: "U.S. Congress, Office of the Law Revision Counsel". "§ 3703. Applicability." U.S. Code, Title 12, Banks and Banking, in U.S. Code, Title 12, Banks and Banking, Washington, D.C., Government Printing Office, 2002, Original Sources. 19 Mar. 2025. http://www.originalsources.com/Document.aspx?DocID=3ZR26XYL1RAF4R2.
Harvard: "U.S. Congress, Office of the Law Revision Counsel", '§ 3703. Applicability' in U.S. Code, Title 12, Banks and Banking. cited in 2002, U.S. Code, Title 12, Banks and Banking, Government Printing Office, Washington, D.C.. Original Sources, retrieved 19 March 2025, from http://www.originalsources.com/Document.aspx?DocID=3ZR26XYL1RAF4R2.
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