§ 201.16 Default provision.
Current through Aug 20, 2026 · Read all of Part 201
The loan note shall contain a provision for acceleration of maturity, at the option of the holder, upon a default by the borrower.
Current through Aug 20, 2026 · Read all of Part 201
The loan note shall contain a provision for acceleration of maturity, at the option of the holder, upon a default by the borrower.
← § 201.15 Late charges to borrowers.§ 201.17 Prepayment provision. →