12 CFR § 1228.4 - State restrictions unaffected.

---
identifier: "/us/cfr/t12/s1228.4"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1228.4 - State restrictions unaffected."
title_number: 12
title_name: "Banks and Banking"
section_number: "1228.4"
section_name: "State restrictions unaffected."
chapter_name: "FEDERAL HOUSING FINANCE AGENCY"
subchapter_number: "B"
subchapter_name: "ENTITY REGULATIONS"
part_number: "1228"
part_name: "RESTRICTIONS ON THE ACQUISITION OF, OR TAKING SECURITY INTERESTS IN, MORTGAGES ON PROPERTIES ENCUMBERED BY CERTAIN PRIVATE TRANSFER FEE COVENANTS AND RELATED SECURITIES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 4511, 4513, 4526, 4565, 4616, 4617, 4631."
regulatory_source: "77 FR 15574, Mar. 16, 2012, unless otherwise noted."
cfr_part: "1228"
---


# 1228.4 State restrictions unaffected.

This part does not affect state restrictions or requirements with respect to private transfer fee covenants, such as with respect to validity, enforceability, disclosures, or duration.