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§ 1701z-15. —  Approval of individual residential water purification or treatment units.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 12USC1701z-15]

 
                       TITLE 12--BANKS AND BANKING
 
                      CHAPTER 13--NATIONAL HOUSING
 
Sec. 1701z-15. Approval of individual residential water 
        purification or treatment units
        

(a) In general

    When the existing water supply does not meet the minimum property 
standards established by the Department of Housing and Urban Development 
and a permanent alternative acceptable water supply is not available, a 
continuous supply of water may be provided through the use of approved 
residential water treatment equipment or a water purification unit that 
provides bacterially and chemically safe drinking water.

(b) Approval process

    A performance-based approval of the equipment or unit and the 
maintenance, monitoring, and replacement plan for such equipment or unit 
shall be certified by field offices of the Department of Housing and 
Urban Development based upon general standards recognized by the 
Department as modified for local or regional conditions. As a part of 
such approved plan, a separate monthly escrow account may be required to 
be established through the lender to cover the cost of the approved 
yearly maintenance and monitoring schedule and projected replacement of 
the equipment or unit.

(Pub. L. 100-242, title IV, Sec. 424, Feb. 5, 1988, 101 Stat. 1915.)

                          Codification

    Section was enacted as part of the Housing and Community Development 
Act of 1987, and not as part of the National Housing Act which comprises 
this chapter.



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