Purpose and scope.
CFR · 2024-01-01 · US · Title 12
(a) (b) (1) A building where there is a valid and binding agreement entered into by a financially responsible lender or other party to advance the full amount of the bank's loan upon completion of the building; or (2) A residential or farm building.
official document · source cfr-2024 · id 12:§ 34.1