### Question
How is the term preservation defined?


### Answer
The term **preservation** is defined in *12 U.S.C. § 1703* as the following:

> restoration or rehabilitation undertaken for such purposes as are approved by the Secretary in regulations issued by him, after consulting with the Secretary of the Interior

#### Citation:
  - *12 U.S.C. § 1703*
  - Heading: **CHAPTER 12-SAVINGS ASSOCIATIONS > SUBCHAPTER I-HOUSING RENOVATION AND MODERNIZATION**

