Return of paid-in-full or satisfied notes to borrower.

CFR · 2024-01-01 · US · Title 7

(a) (b) (1) When the final payment is made in a form other than currency and coin, Treasury check, cashier's check, certified check, Postal or bank money order, bank draft, or a check issued by a responsible lending institution or a responsible title insurance or title and trust company, the note or notes will not be surrendered until 30 days after the date of final payment, and (2) When notes are needed in making marginal releases or satisfactions or security instruments, the notes will be held until the instruments are satisfied. (c) (2) The amount due on the note(s) to be surrendered will be confirmed with the Finance Office. County Supervisors will request the original note(s) from the Finance Office if it is not in the County Office. (d) (e) (f) (2) If a promissory note is lost in the County Office and it is needed for servicing a case, the State Director may authorize the County Supervisor to execute an appropriate affidavit regarding the lost note. The form of such an affidavit will be provided by OGC.

official document · source cfr-2024 · id 7:§ 1951.15