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FEDERAL
VOLUME 5

REGSTER
1934

0AHTED

NUMBER 178

Washington, Thursday, September 12, 1940
Rules, Regulations, Orders TITLE 24HOUSING CREDIT
CHAPTER IVHOME OWNERS
LOAN CORPORATION
Administrative Order No. 947
P art 409I nsurance CO-INSURANCE QUALIFICATION

Section 409.01-11 is amended by in serting the following paragraph imme diately after the paragraph thereof entitled Insurance Required, to become the second paragraph of said section:
Co-insurance qualification. If fire or other insurance is submitted by the home owner or ordered from the carrier under contract and co-insurance or a similar clause is applicable, the neces sary amount of insurance to meet this condition shall be carried so that there will be no penalty in event of loss.
Effective date September 10, 1940
Above procedure promulgated by General Manager and General Counsel pursuant to authority vested in them by the Federal Home Loan Bank Board acting pursuant to secs. 4 a , 4 k of Home Owners Loan Act of 1933, 48 Stat.
129, 132 as amended by section 13 of the Act of April 27, 1934, 48 Stat. 647:
12 U.S.C. 1463 a, k.
Promulgated by General Manager and General Counsel of Home Owners Loan Corporation.
seal
J . F rancis M oore,
Secretary.
P. R. Doc. 40-3809; Piled, September 10, 1940; 1:02 p. m.

Administrative Order No. 946
NOTICE OF INSURANCE PLACED, ROUTING OF
CERTIFICATE

Section 409.02-2 is amended by de leting the third paragraph and substi tuting therefor the following:
Routing of certificate and notice of insurance placed. The certificate, home owners notice of insurance placed and 5 PH. 2611.
5 F.R. 2613.

Accounting Sections copy of notice of insurance placed insurance invoices shall be sent to the Regional Office In
surance Section and shall be routed as follows:
The certificate to be filed in the policy jacket.
The home owners notice to be a t tached to the Daily Transmittal Form prepared by the insurer under contract and forwarded to the Regional Account ing Section, which section will forward all such notices to the Control Super visor of the Loan Service Division after imprinting the statement prescribed in Article 206-7 of the Consolidated Man ual where an advance was made due to a deficiency in the home owners tax and insurance account.
The Accounting Section copy to be attached to the Daily Transmittal Form prepared by the insurer under contract and retained in the Accounting Section files.
Effective September 10, 1940
Above procedure promulgated by General Manager and General Counsel pursuant to authority vested in them by the Federal Home Loan Bank Board acting pursuant to Secs. 4 a , 4 k of Home Owners Loan Act of 1933, 48
Stat. 129, 132, as amended by Section 13
of the Act of April 27, 1934, 48 Stat. 647:
12 U.S.C. 1463 a, k.
Promulgated by General Manager and General Counsel of Home Owners Loan Corporation, which are deemed to have general applicability and legal effect within the meaning of the Federal Reg ister Act as amended.

CONTENTS
RULES, REGULATIONS, ORDERS
T itle 24 H ousing C redit :

Home Owners Loan Corpora tion:
Page Co - insurance qualification, amendment___________ 3633
Insurance placed, notice, etc., amendment_________
3633
T itle 29 L abor:

Wage and Hour Division:
Area of Production amend ment, effective date post poned ________________
Reasonable cost of board, etc., regulations determining amended_____________
T itle 31M oney and F inance
3634
3633

T reasury :

Monetary Offices:
Transactions in foreign ex change, etc., General l i
cense No. 33 issued____ _ 3634
T itle 46S h ip p in g :
United States Maritime Cornimission:
Ship construction, etc., profit determination; contract price defined__________ 3635
T itle 49 T ransportation R ailroads :

and
Interstate Commerce Commis sion:
Common carriers of property by motor vehicles; special terms, etc., attached to certificates rescinded___

3635

NOTICES

Department of Labor:
seal
J . F rancis M oore, Wage and Hour Division:
Secretary.
Crushed stone industry, sup P. R. Doc. 40-3808; Piled, September 10, plementary determina 1940; 1:02 p. m.
tions, exemptions from maximum hours 3 docu m ents___________ 3635, 3636
TITLE 29LABOR
Federal Trade Commission:
Monahans Bakery, et al., order CHAPTER VWAGE AND HOUR
appointing trial examiner, DIVISION
etc_____________________ 3637
P art 531R easonable C ost o f B oard, Railroad Retirement Board:
L odging, and O ther F acilities National Carloading Corp., et AMENDMENT
al., status hearings post poned ___________ _______ 3637
The following amendment to Regula tionP art 531 Reasonable Cost of Continued on next page 3633