CFR > Title 44 - Emergency Management and Assistance > CHAPTER I—FEDERAL EMERGENCY MANAGEMENT AGENCY, DEPARTMENT OF HOMELAND SECURITY > SUBCHAPTER B—INSURANCE AND HAZARD MITIGATION (parts 50 to 81) > PART 63—IMPLEMENTATION OF SECTION 1306(c) OF THE NATIONAL FLOOD INSURANCE ACT OF 1968 > SUBPART A—General (§63.1 to §63.12) > 63.10—Demolition or relocation contractor to be joint payee.

63.10—Demolition or relocation contractor to be joint payee.

If a demolition or relocation contractor is used, the instrument of payment for benefits under section 1306(c) of the Act for the fee of that contractor, shall include that contractor as a joint payee, unless that contractor has already been paid when the instrument of payment is issued.