Common use of Purpose of Part Clause in Contracts

Purpose of Part. The purpose of this part is to set forth the manner in which flood insur- ance under the Program is made avail- able to the general public in those com- munities designated as eligible for the sale of insurance under part 64 of this subchapter, and to prescribe the gen- eral method by which the Federal In- surance Administrator exercises his/ her responsibility regarding the man- ner in which claims for losses are paid.

Appears in 2 contracts

Sources: Insurance Agreement, Insurance Agreement