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12 U.S.C. § 1705 — Allocation of funds

submitted 92 years ago by ch. 847 to r/title-12-BANKS-AND-BANKING · 54 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section addresses Allocation of funds. It sets out the duties, permissions, limits, or other rules stated in the section.

For the purposes of carrying out the provisions of this subchapter and subchapters II and III, the President, in his discretion, is authorized to provide such funds or any portion of it by allotment to the Secretary from any funds that are available, or can hereafter be made available, to the President for emergency purposes.
the actual law source: uscode.house.gov ↗public domain

For the purposes of carrying out the provisions of this subchapter and subchapters II and III, the President, in his discretion, is authorized to provide such funds or any portion thereof by allotment to the Secretary from any funds that are available, or may hereafter be made available, to the President for emergency purposes.

Source credit: (June 27, 1934, ch. 847, title I, § 4, 48 Stat. 1247; June 30, 1947, ch. 166, title II, § 206(l), 61 Stat. 208; Apr. 20, 1950, ch. 94, title I, § 122, 64 Stat. 59; Pub. L. 90–19, § 1(a)(3), May 25, 1967, 81 Stat. 17; Pub. L. 98–479, title II, § 204(a)(1), Oct. 17, 1984, 98 Stat. 2231.)

history & why it existsrecord from the source credit
  • 1934Enacted · Act of June 27, 1934, ch. 847 · 48 Stat. 1247
  • 1947Amended · Act of June 30, 1947, ch. 166 · 61 Stat. 208
  • 1950Amended · Act of Apr. 20, 1950, ch. 94 · 64 Stat. 59
  • 1967Amended · Pub. L. 90-19 · 81 Stat. 17
  • 1984Amended · Pub. L. 98-479 · 98 Stat. 2231

A history note hasn’t been published yet. The record shows enactment by ch. 847 on 1934-06-27.

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