162.236—How will a cash bond be administered?
               		
               	 	
               	 	
               	 	               	 	               	 	               	 	               	 	
               	 	
    
        
        (a) 
         If a cash bond is submitted, we will retain the funds in an account established in the name of the tenant.
     
    
        
        (b) 
         We will not pay interest on a cash performance bond.
     
    
        
        (c) 
         If the bond is not forfeited under  § 162.252(a) of this subpart, we will refund the bond to the tenant upon the expiration or termination of the lease.