42 U.S.C. § 4028 : US Code - Section 4028: John H. Chafee Coastal Barrier Resources System

Search 42 U.S.C. § 4028 : US Code - Section 4028: John H. Chafee Coastal Barrier Resources System

(a) No new flood insurance coverage may be provided under this
chapter on or after October 1, 1983, for any new construction or
substantial improvements of structures located on any coastal
barrier within the John H. Chafee Coastal Barrier Resources System
established by section 3503 of title 16. A federally insured
financial institution may make loans secured by structures which
are not eligible for flood insurance by reason of this section.
(b) No new flood insurance coverage may be provided under this
chapter after the expiration of the 1-year period beginning on
November 16, 1990, for any new construction or substantial
improvements of structures located in any area identified and
depicted on the maps referred to in section 3503(a) of title 16 as
an area that is (1) not within the John H. Chafee Coastal Barrier
Resources System and (2) is in an otherwise protected area.
Notwithstanding the preceding sentence, new flood insurance
coverage may be provided for structures in such protected areas
that are used in a manner consistent with the purpose for which the
area is protected.