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Federal regulations · Through 2026-08-25 · Newer source version available

24 CFR 350.11: Notice of Attachment for Ginnie Mae Securities in Book-entry System.

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Where this section sits in the code
  1. Title 24—Housing and Urban Development
  2. Subtitle B—Regulations Relating to Housing and Urban Development
  3. CHAPTER III—GOVERNMENT NATIONAL MORTGAGE ASSOCIATION, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
  4. PART 350—BOOK-ENTRY PROCEDURES

The interest of a debtor in a Security Entitlement may be reached by a creditor only by legal process upon the Securities Intermediary with whom the debtor's securities account is maintained, except where a Security Entitlement is maintained in the name of a secured party, in which case the debtor's interest may be reached by legal process upon the secured party. These regulations do not purport to establish whether a Federal Reserve Bank as Depository is required to honor an order or other notice of attachment in any particular case or class of cases.

Collected 2026-08-27T02:24:55Z. Source file · JSON

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