{"data":{"id":"us/38-cfr-36.4703","jurisdiction":"us","citation":"38 CFR 36.4703","heading":"Exemptions.","body":"The flood insurance requirement prescribed by 38 CFR 36.4702 does not apply with respect to:\n(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\n(b) Property securing any loan with an original principal balance of $5,000 or less and a repayment term of one year or less.","path":["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"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-38.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:50Z","sha256":"681df53b18875e97f9f3f51a4332572f8a6ae45d18e61960f62ad6c87a2c51c6","source_id":"us-cfr","stale":true,"prev":"us/38-cfr-36.4702","next":"us/38-cfr-36.4704"},"notice":"GroundRules: Original legal text. Not legal advice."}