24 CFR § 213.276 - Allocation of Cooperative Management Housing Insurance Fund income or losses.
---
identifier: "/us/cfr/t24/s213.276"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 213.276 - Allocation of Cooperative Management Housing Insurance Fund income or losses."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "213.276"
section_name: "Allocation of Cooperative Management Housing Insurance Fund income or losses."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
subchapter_number: "B"
subchapter_name: "MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES"
part_number: "213"
part_name: "COOPERATIVE HOUSING MORTGAGE INSURANCE"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1715b, 1715e; 42 U.S.C. 3535(d)."
regulatory_source: "36 FR 24553, Dec. 22, 1971, unless otherwise noted."
cfr_part: "213"
---
# 213.276 Allocation of Cooperative Management Housing Insurance Fund income or losses.
For any semiannual period in which Cooperative Management Housing Insurance Fund operations shall result in a net income, or loss, the Commissioner shall allocate such net income or such loss to the General Surplus Account, to the Participating Reserve Account, or to both, as he may determine to be in accordance with sound actuarial and accounting practice. In determining net income or loss, the Commissioner shall take into consideration all income received from fees, premiums, and earnings on investments of the Fund, operating expenses, and provision for losses of the Fund.