{"identifier":"/us/usc/t12/s1735f\u20131","title":12,"num":"\u00a7\u202f1735f\u20131.","heading":"Waiver of deduction on assignment of property to Secretary in lieu of foreclosure","text":"\u00a7\u202f1735f\u20131.\nWaiver of deduction on assignment of property to Secretary in lieu of foreclosure\nNotwithstanding any other provision of this chapter, from and after\nNovember 3, 1966","url":"https://projectusc.org/usc/t12/s1735f\u20131.html","content":[{"t":"sec","id":"/us/usc/t12/s1735f\u20131","children":[{"t":"num","text":"\u00a7\u202f1735f\u20131."},{"t":"heading","text":"Waiver of deduction on assignment of property to Secretary in lieu of foreclosure"},{"t":"content","text":"\n","children":[{"t":"p","text":"Notwithstanding any other provision of this chapter, from and after ","children":[{"t":"text","text":"November 3, 1966","tail":", the Secretary, under such terms and conditions as he may approve, may waive all or a part of the 1 per centum deduction otherwise made from insurance benefits with respect to multifamily housing or land development mortgages assigned to him, where the assignment is made at his request in lieu of foreclosure of the mortgage."}],"tail":"\n"}]},{"t":"text","text":"\n"}]}]}