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12 U.S.C. § 1701g–5c — Transfer of rehabilitation loan fund assets and liabilities

submitted 35 years ago by Pub. L. 102-139 to r/title-12-BANKS-AND-BANKING · 78 words · no verdicts yet

in plain englishAI-generated · not legal advice

Notwithstanding section 289(c) of the Cranston-Gonzalez National Affordable Housing Act ( Public Law 101–625 ), the assets and liabilities of the revolving fund established by section 1452b 1 of title 42, and any collections, including repayments or recaptured amounts, of such fund shall be transferred to and merged with the Revolving Fund (liquidating programs), established pursuant to title II of the Independent Offices Appropriation Act, 1955, as amended ( 12 U.S.C. It states the conditions, duties, exceptions, or procedures that apply to that subject.

despite section 289(c) of the Cranston-Gonzalez National Affordable Housing Act ( Public Law 101–625 ), the assets and liabilities of the revolving fund established by section 1452b 1 of title 42, and any collections, including repayments or recaptured amounts, of such fund must be transferred to and merged with the Revolving Fund (liquidating programs), established under title II of the Independent Offices Appropriation Act, 1955, as amended ( 12 U.S.C. 1701g–5 ), effective October 1, 1991 .

the actual law source: uscode.house.gov ↗public domain

Notwithstanding section 289(c) of the Cranston-Gonzalez National Affordable Housing Act (Public Law 101–625), the assets and liabilities of the revolving fund established by section 1452b 1 of title 42, and any collections, including repayments or recaptured amounts, of such fund shall be transferred to and merged with the Revolving Fund (liquidating programs), established pursuant to title II of the Independent Offices Appropriation Act, 1955, as amended (12 U.S.C. 1701g–5), effective October 1, 1991.

Source credit: (Pub. L. 102–139, title II, Oct. 28, 1991, 105 Stat. 752.)

history & why it existsrecord from the source credit
  • 1991Enacted · Pub. L. 102-139 · 105 Stat. 752

A history note hasn’t been published yet. The record shows enactment by Pub. L. 102-139 on 1991-10-28.

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