GroundRules
38 CFR 36.4703: Exemptions.
Where this section sits in the code
- Title 38—Pensions, Bonuses, and Veterans' Relief
- CHAPTER I—DEPARTMENT OF VETERANS AFFAIRS
- PART 36—LOAN GUARANTY
- Subpart E—Sale of Loans, Guarantee of Payment, and Flood Insurance
The flood insurance requirement prescribed by 38 CFR 36.4702 does not apply with respect to:
(a) Any State-owned property covered under a policy of self-insurance satisfactory to the Director of FEMA, who publishes and periodically revises the list of States falling within this exemption; or
(b) Property securing any loan with an original principal balance of $5,000 or less and a repayment term of one year or less.
Collected 2026-08-27T02:25:50Z. Source file · JSON