44 CFR 67.10 – Rates during pendency of final determination
Current as of: 2024 | Check for updates
|
Other versions
(a) Until such time as a final determination is made and proper notice is given, no person within a participating community shall be denied the right to purchase flood insurance at the subsidized rate.
Terms Used In 44 CFR 67.10
- Risk premium rates: include provisions for operating costs and allowances. See 44 CFR 59.1
(b) After the final determination and upon the effective date of a FIRM, risk premium rates will be charged for new construction and substantial improvements. The effective date of a FIRM shall begin not later than six months after the final flood elevation determination.