24 CFR § 221.785 - Date of maturity of debentures.

---
identifier: "/us/cfr/t24/s221.785"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 221.785 - Date of maturity of debentures."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "221.785"
section_name: "Date of maturity of debentures."
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: "221"
part_name: "LOW COST AND MODERATE INCOME MORTGAGE INSURANCE—SAVINGS CLAUSE"
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, 1715l, and 1735d; 42 U.S.C. 3535(d)."
regulatory_source: "36 FR 24587, Dec. 22, 1971, unless otherwise noted."
cfr_part: "221"
---


# 221.785 Date of maturity of debentures.

The debentures issues pursuant to the exercise of an assignment option shall be dated as of the date the mortgage is assigned to the Commissioner and shall mature 10 years after such date.