repetitive loss structure
Defined in 1 dictionary — U.S. Code
United States Code
42 U.S.C. § 4104C — for purposes of this section (6 versions over time)
The term “repetitive loss structure” has the meaning given such term in section 4121 of this title.
42 U.S.C. § 4121 — as used in this chapter (3 versions over time)
the term “repetitive loss structure” means a structure covered by a contract for flood insurance that—
(A) has incurred flood-related damage on 2 occasions, in which the cost of repair, on the average, equaled or exceeded 25 percent of the value of the structure at the time of each such flood event; and
(B) at the time of the second incidence of flood-related damage, the contract for flood insurance contains increased cost of compliance coverage.1
42 U.S.C. § 5135 — in this section (2 versions over time)
The term “repetitive loss structure” has the meaning given the term in section 4121 of this title.