### Question
How does the law define designated transfer date?


### Answer
Under *12 U.S.C. § 3803*, **designated transfer date** is defined as:

> the date determined under section 1062 of the Consumer Financial Protection Act of 2010 [12 U.S.C. 5582]

#### Citation:
  - *12 U.S.C. § 3803*
  - Heading: **CHAPTER 39-ALTERNATIVE MORTGAGE TRANSACTIONS**

