| (a) The Office may terminate enrollment of Qualified
Loans under the Program:
(1) on the date specified in the Office's notice of
termination to the PFI; or
(2) upon 90 days' notice, or an earlier date if the
balance in the Fund reaches zero or the Office anticipates that the
balance in the Fund will reach zero.
(b) A PFI may withdraw from the Program after giving
written notice to the Office. After receipt of this notice, the Office
shall unencumber any Guaranteed Amounts in the Fund related to loans
enrolled by that Financial Institution. If the encumbered amounts
have been reported to Treasury, the Office shall promptly inform Treasury
of the unencumbrance.
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