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12 U.S.C. § 5236Exchange Stabilization Fund reimbursement

submitted 18 years ago by Pub. L. 110-343 to r/title-12-BANKS-AND-BANKING · 80 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain
(a) Reimbursement

The Secretary shall reimburse the Exchange Stabilization Fund established under section 5302 of title 31 for any funds that are used for the Treasury Money Market Funds Guaranty Program for the United States money market mutual fund industry, from funds under this chapter.

(b) Limits on use of Exchange Stabilization Fund

The Secretary is prohibited from using the Exchange Stabilization Fund for the establishment of any future guaranty programs for the United States money market mutual fund industry.

Source credit: (Pub. L. 110–343, div. A, title I, § 131, Oct. 3, 2008, 122 Stat. 3797.)

history & why it existsrecord from the source credit
  • 2008Enacted · Pub. L. 110-343 · 122 Stat. 3797

A history note hasn’t been published yet. The record shows enactment by Pub. L. 110-343 on 2008-10-03.

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