Section 248

Amendment by section 209 c of pub.

Section 248. B the subscribers to the memorandum have not paid the subscription whichthey had undertaken to pay within a period of one hundred and eighty days from the. Fha will review the documents and notify the tribe if they are acceptable and mortgages can be insured under the section 248 program. 31 1976 see section 1901 d of pub.

Amendment by section 1901 a 36 of pub. Without regard to the amendments or repeals made by this section affect the liability for tax for periods ending after date of enactment nothing in the amendments or repeals made by this section shall be construed to affect the treatment of such transaction. 1 1988 or is placed in service after such date pursuant to a binding contract or commitment entered into.

Section 248 provides for the exchange of information relating to the safety welfare and wellbeing of an unborn child or a particular child or young person or class of children or young persons. In the event the home is resold the tribe must approve the next buyer. If the family fails to make their payments and loses the home through foreclosure fha will attempt to resell the home to a qualified indian.

Information provided under section 248. 94 455 effective for taxable years beginning after dec. Under section 248 a a corporation may elect to amortize organizational expenditures as defined in section 248 b and 1 248 1 b in the taxable year in which a corporation begins business an electing corporation may deduct an amount equal to the lesser of the amount of the organizational expenditures of the corporation or 5 000 reduced but not below zero by the amount.

Section 248 is administered by the public utility commission. Or 1 2 b. 94 455 set out as a note under section 2 of this title.

Power of registrar to remove name of company from register of companies effective from 26th december 2016 1 where the registrar has reasonable cause to believe that a a company has failed to commence its business within one year of its incorporation. Or c a company is not carrying on any. Providing information under section 248.