24 CFR § 330.45 - Limitation on GNMA liability.

---
identifier: "/us/cfr/t24/s330.45"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 330.45 - Limitation on GNMA liability."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "330.45"
section_name: "Limitation on GNMA liability."
chapter_name: "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
part_number: "330"
part_name: "GUARANTY OF MULTICLASS 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. 1721(g) and 1723a(a); and 42 U.S.C. 3535(d)."
regulatory_source: "60 FR 42018, Aug. 14, 1995, unless otherwise noted."
cfr_part: "330"
---


# 330.45 Limitation on GNMA liability.

Except for its guaranty, the Association undertakes no obligation and assumes no liability to any person with regard to or on account of the existence or operation of this part or the conduct of any participants in the Multiclass Securities program.