{"data":{"id":"us/24-cfr-203.424","jurisdiction":"us","citation":"24 CFR 203.424","heading":"Maximum amount of distributive shares.","body":"In no event shall a distributive share of the Participating Reserve Account exceed the aggregate scheduled annual premiums of the mortgagor to the year of termination of the insurance.","path":["Title 24—Housing and Urban Development","Subtitle B—Regulations Relating to Housing and Urban Development","CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT","SUBCHAPTER B—MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES","PART 203—SINGLE FAMILY MORTGAGE INSURANCE","Subpart B—Contract Rights and Obligations"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-24.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:55Z","sha256":"a742464ab743ee61eb9540edcb32a4a5b5bf52ddbaf3a49d8464837c3992437f","source_id":"us-cfr","stale":true,"prev":"us/24-cfr-203.423","next":"us/24-cfr-203.425"},"notice":"GroundRules: Original legal text. Not legal advice."}