Subpart A General Information
Subpart B Time Deposit Securities
Subpart C Demand Deposit Securities
Subpart D Special Zero Interest Securities

Terms Used In CFR > Title 31 > Subtitle B > Chapter II > Subchapter A > Part 344

  • Commissioner: means the Federal Housing Commissioner or his authorized representative. See 24 CFR 203.251
  • Contract of Insurance: means the agreement evidenced by the issuance of a Mortgage Insurance Certificate or by the endorsement of the Commissioner upon the credit instrument given in connection with an insured mortgage, incorporating by reference the regulations in this subpart and the applicable provisions of the Act. See 24 CFR 203.251
  • Current Treasury borrowing rate: means the prevailing market rate, as determined by Treasury, for a Treasury security with the specified period to maturity. See 31 CFR 344.1
  • Issuer: refers to the Government body or other entity that issues state or local government bonds described in section 103 of the Internal Revenue Code. See 31 CFR 344.1
  • Mortgagee: means the original lender under a mortgage and its successors and such of its assigns as are approved by the Commissioner. See 24 CFR 203.251
  • Mortgagor: means the original borrower under a mortgage and his heirs, executors, administrators and assigns. See 24 CFR 203.251
  • Secretary: means the Secretary of Agriculture of the United States, or any officer or employee of the Department to whom authority has heretofore been delegated or may hereafter be delegated to act in his stead. See 7 CFR 70.25
  • SLGS rate: means the current Treasury borrowing rate, less one basis point, as released daily by Treasury in a SLGS rate table. See 31 CFR 344.1
  • SLGS rate table: means a compilation of SLGS rates available for a given day. See 31 CFR 344.1
  • your: refers to a SLGS program user or a potential SLGS program user. See 31 CFR 344.1